PXG Co. has total assets of $9,000,000 and a total asset turnover of 2.4 times. Assume the return on assets is 10 percent. What is its profit margin?
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- What is the profit margin?Doverly Co. has total assets of $9,200,000 and a total asset turnover of 2.10 times. Assume the return on assets is 10.5%. What is the profit margin? Right AnswerDoverly Co. has total assets of $9,200,000 and a total asset turnover of 2.10 times. Assume the return on assets is 10.5%. What is the profit margin? answer this question
- Doverly Co. has total assets of $9,200,000 and a total asset turnover of 2.10 times. Assume the return on assets is 10.5%. What is the profit margin?Ans.Don Co. has total assets of $8,500,000 and a total asset turnover of 2.54 times. Assume the return on assets is 15 percent. Required: What is its profit margin? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).) Profit margin _%.
- Dimeback Co. has total assets of $8,500,000 and a total asset turnover of 1.8 times. If the return on assets is 8.5 percent. Required: What is its profit margin? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Profit marginPXG Co. has total assets of $10,300,000 and a total asset turnover of 2.53 times. Assume the return on assets is 11 percent. What is its profit margin? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)Answer the below Questions
- Need both answerAssume that the Profit Margin for Teebow, Inc., is 4.92%. The company's Total Asset Turnover is 1.8 times. Given that the equity multiplier for the company is 1.67 times, what are its ROA and ROE? It cannot be determined from the information given ROA=8.85% ; ROE = 14.79% ROA=10% ; ROE=15% ROA=13.04% ; ROE=18.85%What is the firm's net profit margin?