Question -2 TJ's has annual sales of $813,200, total debt of $171,000, total equity of $396,000, and a profit margin of 5.78 percent. What is the return on assets? A) 8.29 percent B) 6.48 percent C) 9.94 percent D) 7.78 percent E) 8.02 percent Question 3 Du Pont Analysis Gardial & Son has a ROA of 8%, a 4% profit margin, and a return on equity equal to 17%. a. What is the company's total assets turnover? b. What is the firm's equity multiplier?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question -2
TJ's has annual sales of $813,200, total debt of $171,000, total equity
of $396,000, and a profit margin of 5.78 percent. What is the return
on assets?
A) 8.29 percent
B) 6.48 percent
C) 9.94 percent
D) 7.78 percent
E) 8.02 percent
Question 3
Du Pont Analysis Gardial & Son has a ROA of 8%, a 4% profit margin,
and a return on equity equal to 17%.
a. What is the company's total assets turnover?
b. What is the firm's equity multiplier?
Transcribed Image Text:Question -2 TJ's has annual sales of $813,200, total debt of $171,000, total equity of $396,000, and a profit margin of 5.78 percent. What is the return on assets? A) 8.29 percent B) 6.48 percent C) 9.94 percent D) 7.78 percent E) 8.02 percent Question 3 Du Pont Analysis Gardial & Son has a ROA of 8%, a 4% profit margin, and a return on equity equal to 17%. a. What is the company's total assets turnover? b. What is the firm's equity multiplier?
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