QUESTION:56 Gilde Industries is a division of a major corporation. Last year the division had total sales of $24,040,500, net operating income of $3,726,278, and average operating assets of $7,755,000. The company's minimum required rate of return is 18%. a. What is the division's margin? b. What is the division's turnover? c. What is the division's return on investment (ROI)? QUESTION:57 XYZ company has an ROE of 15%, a net profit margin of 6% and an asset turnover of 1.75. What is XYZ company debt (debt/asset) ratio? A. 1.43% B. 30.00% C. 43.00% D. 50.00%
QUESTION:56 Gilde Industries is a division of a major corporation. Last year the division had total sales of $24,040,500, net operating income of $3,726,278, and average operating assets of $7,755,000. The company's minimum required rate of return is 18%. a. What is the division's margin? b. What is the division's turnover? c. What is the division's return on investment (ROI)? QUESTION:57 XYZ company has an ROE of 15%, a net profit margin of 6% and an asset turnover of 1.75. What is XYZ company debt (debt/asset) ratio? A. 1.43% B. 30.00% C. 43.00% D. 50.00%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:QUESTION:56
Gilde Industries is a division of a major corporation. Last year the
division had total sales of $24,040,500, net operating income of
$3,726,278, and average operating assets of $7,755,000. The
company's minimum required rate of return is 18%.
a. What is the division's margin?
b. What is the division's turnover?
c. What is the division's return on investment (ROI)?
QUESTION:57
XYZ company has an ROE of 15%, a net profit margin of
6% and an asset turnover of 1.75. What is XYZ company debt
(debt/asset) ratio?
A. 1.43%
B. 30.00%
C. 43.00%
D. 50.00%
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