Q3. ColdWell Co. have a debt-equity ratio of 0.80, total equity of $900,000, total asset turnover of 1.5, a profit margin of 9% and a net income of $100,000. Find their: a. Equity multiplier b. ROE c. ROA

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
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Q3. ColdWell Co. have a debt-equity ratio of 0.80, total equity of $900,000, total
asset turnover of 1.5, a profit margin of 9% and a net income of $100,000. Find
their:
a. Equity multiplier
b. ROE
c. ROA
Transcribed Image Text:Q3. ColdWell Co. have a debt-equity ratio of 0.80, total equity of $900,000, total asset turnover of 1.5, a profit margin of 9% and a net income of $100,000. Find their: a. Equity multiplier b. ROE c. ROA
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