Beckinsale Inc. ROA Return on assetsBeckinsale, Inc., has a profit marginof 7.2% on sales of $25,400,000.firm has debt ofAssume the firm has$10,100,000 and total assets of$16,700,000.Required: What is the firm's ROA?

The formula for Return on Assets (ROA) is:ROA=Net Income/Total Assets×100 Step 1: Calculate Net…

Answered: Return on assets Beckinsale, Inc., has…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Assume the following relationships for the Caulder Corp.: Sales/Total assets 2.2x Return on assets (ROA) 6% Return on equity (ROE) 15% a. Calculate Caulder's profit margin assuming the firm uses only debt and common equity, so total assets equal total invested capital. Round your answer to two decimal places. % b. Calculate Caulder's debt-to-capital ratio assuming the firm uses only debt and common equity, so total assets equal total invested capital. Do not round intermediate calculations. Round your answer to two decimal places. %
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Question: Assume the following relationships for the Caulder Corp.: Sales/Total assets 2.3x Return on assets (ROA) 7% Return on equity (ROE) 14% a. Calculate Caulder's profit margin assuming the firm uses only debt and common equity, so total assets equal total invested capital. b.Calculate Caulder's debt-to-capital ratio assuming the firm uses only debt and common equity, so total assets equal total invested capital.
Using the DuPont method, evaluate the effects of the following relationships for the Butters Corporation. A.Butters Corporation has a profit margin of 5.5 percent and its return on assets (investment) is 8.75 percent. What is its assets turnover? Round your answer to 2 decimal places. ______ times B.If the Butters Corporation has a debt-to-total-assets ratio of 65.00 percent, what would the firm’s return on equity be? Note: Input your answer as a percent rounded to 2 decimal places. C.What would happen to return on equity if the debt-to-total-assets ratio decreased to 60.00 percent? Input your answer as a percent rounded to 2 decimal places.
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Return on assets Beckinsale, Inc., has a profit margin of 7.2% on sales of $25,400,000. firm has debt of Assume the firm has $10,100,000 and total assets of $16,700,000. Required: What is the firm's ROA?