Riverdale Manufacturing had an ROA of 10.5%, sales of $35 million, and total assets of $50 million. Calculate Riverdale's profit margin.
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- During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000, 000. What is the sales margin?During the current year, Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. Using the sales margin from the previous exercise, what is the total ROI for the company during the current year?Global Tech, Inc. has sales of 32.6 million, total assets of 24.3 million, and total debt of $8.5 million. If the profit margin is 12 percent, what is the net income?
- Timberline Tools has annual sales of $745,800, total debt of $204,000, total equity of $396,000, and a profit margin of 5.6 percent. What is the return on assets (ROA)?GlobalTech, Inc. has sales of 32.6 million, total assets of 24.3 million, and total debt of $8.5 million. If the profit margin is 12 percent, what is the net income?GlobalTech, Inc. has sales of 32.6 million, total assets of 24.3 million, and total debt of $8.5 million. If the profit margin is 12 percent, what is the net income? accurate answer
- Montclair Industries had $720,000 in invested assets, sales of $810,000, income from operations amounting to $113,400, and a desired rate of return of 16%. What is the profit margin?What is the profit margin?Green Fire, Inc., has sales of $60 million, total assets of $42 million, and total debt of $18 million. If the profit margin is 9 percent, what is the ROA?
- Harrington Industries has a profit margin of 5.2% on sales of $18,400,000. The company's total assets are $12,200,000, and it has debt of $5,600,000. Calculate Harrington Industries' Return on Assets (ROA).TR's has annual sales of $612,200, total debt of $153,000, total equity of $354,000, and a profit margin of 6.78 percent. What is the return on assets?Sweet Solutions reports net income of $375,000, sales of $6,250,000, and average assets of $850,000. What is the profit margin?