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Q: Richard's Sporting Goods reports net income of $180,000, net sales of $530,000, and average assets…
A: The return on assets is calculated as ratio of net income and average assets.
Q: In its 2017 annual report, Campbell Soup Company reports beginning-of-the-year total assets of…
A: Calculate the Average total assets:
Q: Blossom Systems has total assets of $ 34.050 billion, total debt of $ 8.745 billion, and net sales…
A: 1) Calculation of Net Income $ billion Net Income = Net Sales x Net Profit Margin Net Income =…
Q: Blossom Company reports the following information (in millions) during a recent year: net sales,…
A: Return on assets is the measure which is determined by the entity to know the efficiency of the…
Q: G. C. Murphey’s 2016 financial statements show net income of $5,040 million, sales of $306,932…
A: Computation of return on sale: Return on sale = Net incomeSales×100 = $5,040 million$306,932…
Q: Buttack Eyes, Inc., has sales of $19 million, total assets of $15.6 million, and total debt of $6.3…
A: The return on assets (ROA), a financial metric, gauges a company's financial performance in terms of…
Q: The Timber Ridge Company has the following relationships: Sales/Total assets = 2.46; ROA = 0.1080…
A: SalesTotal Assets = 2.46 ROA = 0.1080 Net profit Margin = Net IncomeSales
Q: Nerf Mania reports net income of $500,000, net sales of $4,000,000, and average assets of…
A: The objective of this question is to calculate the Return on Assets (ROA) for Nerf Mania. ROA is a…
Q: Briggs Company has operating income of $45,760, invested assets of $143,000, and sales of $457,600.…
A: Return on investment helps in measuring the efficiency of the amount invested in a particular…
Q: In a recent year’s financial statements, Home Depot reported the following results. Compute and…
A: Given Data (in billion): Net Income = $8 Sales = $95 Average Total Assets = $42
Q: redondo, Inc., has current assets of $394, net fixed assets of $17,137, current liabilities of…
A: Working capital is very important in business operations and working capital shows the liquidity of…
Q: A company had net income of $2,680,000, net sales of $25,100,000, and average total assets of…
A: The return on total assets ratio measures how efficiently a particular company uses its assets to…
Q: ACME Corp’s balance sheet reported that it had $650,000 in liabilities and $275,000 in equity. On…
A: Return on Assets: Return on assets (ROA), also known as return on total assets, is a measurement of…
Q: Total assets of 689400. Long term debit of 198375, total equity of 364.182, net fixed assets of…
A: Current Ratio: The current ratio contrasts the total current assets and liabilities of a business.…
Q: A firm has a return on equity of 27 percent. The total asset turnover is 1.6 and the profit margin…
A: Your take-home pay, sometimes referred to as net income, is the amount of money that remains in your…
Q: For the year ended December 31, 2022, Settles Incorporated earned an ROI of 7.2%. Sales for the year…
A: ROI= 7.2%Sales= $11,000,000Average asset turnover = 1.8Average stockholder's equity = $3,100,000
Q: The balance sheet of ATLF, Inc. reports total assets of $1,950,000 and $2,050,000 at the beginning…
A: Profit margin ratio is calculating by dividing the net income by net sales.
Q: Marino Company has provided the following information: Net sales, $480,000 Net income, $24,000…
A: NET INCOME MARGIN Net Income Margin is the Ratio between Net Income During the Year & Net…
Q: the Allen Corporation had sales of $ 69 million, total assets of $ 48 million, and total liabilities…
A: The capacity of a business to make operational profit from its assets is gauged by the operational…
Q: From the following information for BlueInks Corporation, compute the rate of return on assets. Hint:…
A: Rate of Return On Assets (ROA) measures a company's profitability by assessing its net income…
Q: Suppose in its 2022 annual report that McDonald's Corporation reports beginning total assets of…
A: Asset turnover is one of the most used ratio formulas to evaluate the performance of a company.…
Q: Swiss Group reports net income of $27,000 for the year. At the beginning of the year, Swiss Group…
A: RETURN ON INVESTMENTReturn on investment is one of the profitability ratios which shows how much…
Q: Calculating the Average Total Assets and the Return on Assets The income statement, statement of…
A: Assets refer to the resources used by the company in their operations to generate revenue by…
Q: Given Crockett Corporation's balance sheet, why is the return on total assets 31.4%?
A: Financial ratios are based on the relationship between two financial line items. Here the financial…
Q: Here and Gone, Inc., has sales of $17,546,456, total assets of $10,662,678, and total debt of…
A: Net Income will be calculated using formula : Net Income = Net Sales × Profit Margin
Q: Given the following information for the Vanderbilt Tire Company, find ROA (Return on Assets): Debt…
A: Return on Assets (ROA): ROA is a financial ratio that measures a company's profitability of its…
Q: Barnes' Brothers has the following data for the year ending 12/31/12: Net income = $550; Net…
A: Given, Net Income = $550 Net Operating Profit After Taxes (NOPAT) = $650 Total Assets = $2,700 Short…
Q: ndo, Inc., has current assets of $4,957, net fixed assets of $14,890, current liabilities of $4,928,…
A: Working capital is very important in the business. Working capital show the liquidity of firm and…
Q: firm has a return on equity of 17 percent. The total asset turnover is 1.6 and the profit margin is…
A: The return on equity depends on the two factors only one is how much is the net income and another…
Q: QueensLand Ltd. had the following operating results for 2021: sales = $20,200; cost of goods sold =…
A: Operating cash flow : O C F is the amount of cash generated from the normal business operations of…
Q: Branch Corp.'s total assets at the end of last year were $310,000 and its net income after taxes was…
A: The ratio analysis is performed to compare the different elements of the business. The return on…
Q: Harmony Haven Gifts has sales of $810,200, total assets of $577,900, and a profit margin of 4.3…
A: Sales = s = $810,200Total Assets = ta = $577,900Profit Margin = pm = 4.3%
Q: Pharoah Company reports the following information (in millions) during a recent year: net sales,…
A: Step 1: Given, Net sales = $13,875.0,Net earnings = $693.8,Total assets(ending) = $5,600.0, and…
Q: Terry's Markets has sales of $684,000, costs of $437,000, interest paid of $13,800, total assets of…
A: Return on equity refers to the return that is being earned by the investors over the investment that…
Q: Rush Company had net income of $152 million and average total assets of $1,810 million. Its return…
A: The return on assets is one of the financial ratios that shows the profitability of the company in…
Q: perating capital = $2,300. What was its return on invested capital (ROIC)? Select the correct…
A: Answer : Return on invested capital (ROIC) = NOPAT / Total operating capital Return on invested…
Q: Sales for the year = $341,126, Net Income for the year = $38,441, Income from equity investments =…
A: Return on equity (ROE) = Net Income / Shareholder's equity
Q: Swiss Group reports net income of $39,000 for the year. At the beginning of the year, Swiss Group…
A: Ratio analysis helps to analyze the financial statements of the company. Management can take…
Q: Laflamme Inc. had the following operating results for 2018: sales $30,660, cost of goods sold =…
A:
Q: Antonio Company's net income and net sales are $50,000 and $800,000, respectively, and average total…
A: The ROA of a company refers to the measure of the performance and efficiency of the company in…
Q: A firm has a return on equity of 21 percent. The total asset turnover is 2.9 and the profit margin…
A: Return on equity :— It is calculated by dividing net income by average equity. Profit margin :—…
Q: Use the following information to build an income statement and answer the following question: Sales…
A: Addition to retained earnings is the amount which is left after deducting the expenses and costs…
Arrow's net income of $121 million and average assets of $1,800 million results in a return on assets of 6.72%. true or false
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- Barry's BBQ had sales revenue for the year of $450 million and net income of $75 million. Total assets were $70 million at the beginning of the year, and $80 million at the end of the year.Calculate Barry's return on assets, profit margin, and asset turnover ratios. (Do not round intermediate calculations. Round your answers to 1 decimal place.) Return on assets % Profit margin % Asset turnover timesPeyton's Palace has net income of $13.4 million on sales revenue of $114 million. Total assets were $80 million at the beginning of the year and $88 million at the end of the year. Calculate Peyton's return on assets, profit margin, and asset turnover ratios. (Enter your answers in millions. (i.e., $5,500,000 should be entered as 5.5).) Return on Assets Numerator/Denominator Amounts Peyton's Palace % Profit Margin Numerator/Denominator Amounts Peyton's Palace % Asset Turnover Numerator/Denominator Amounts Peyton's Palace timesChou Company has a net income of $52,000, assets at the beginning of the year are $259,000 and assets at the end of the year are $309,000. Compute its return on assets.
- A company has net income of $300,000, net sales of $2,500,000, and total assets of $2,000,000. Its return on total assets equals a. 6.7%. c. 8.3%. e. 15.0%. b. 12.0%. d. 80.0%.Last year, Hassan's Madhatter, Incorporated had an ROA of 6.8 percent, a profit margin of 12.24 percent, and sales of $20 million. Calculate Hassan's Madhatter's total assets. Note: Enter your answer in millions. Total assets millionThe balance sheet of ATLF, Inc. reports total assets of $950,000 and $1,050,000 at the beginning and end of the year, respectively. Net income and sales for the year are $100,000 and $800,000, respectively. What is ATLF's profit margin? Select one: a. 8% b. 15% c. 10% d. 80% e. 12.5%
- Last year, Genten Company had sales of $7465 million. If Genten’s net profit margin was 0.41 and its return on assets was 0.37, what was Genten’s total assets?Suppose in its 2027 annual report that McDonald's Corporation reports beginning total assets of $20.80 billion, ending total assets of $19.20 billion, net sales of $21.80 billion, and net income of $4.10 billion. (a) Compute McDonald's return on assets. (Round return on assets to one decimal place, e.g. 5.1%.) McDonald's return on assets % (b) Compute McDonald's asset turnover. (Round asset turnover to 2 decimal places, e.g. 5.12.) McDonald's asset turnover timesSwiss Group reports net income of $34,000 for the year. At the beginning of the year, Swiss Group had $165,000 in assets. By the end of the year, assets had grown to $215,000. What is Swiss Group’s return on assets for the current year? Did Swiss Group perform better or worse than its competitors if competitors average an 13% return on assets?
- For its fiscal year ending on June 30, 2018, Microsoft reported net income of $12.96 billion from sales of $112.97 billion. The company also reported total assets of $245.56 billion. a. Calculate Microsoft's total asset turnover and its net profit margin. b. Find the company's ROA, ROE, and book value per share, given that it has a total net stockolders' equity of $75.89 billion and 6.86 billion shares of common stock outstanding. a. Microsoft's total asset turnover is (Round to two decimal places.)Here and Gone, Inc., has sales of $21,332,097, total assets of $12,393,090, and total debt of $2,713,037. If the profit margin is 9 percent, what is net income?A return on assets of 5.15% means that a company is earning: O a. a $5.15 return on every $100 of assets minus liabilities. O b. a $5.15 return on every $100 of total assets. O c. a $5.15 return on every $100 of current assets. O d. a $5.15 return on every $100 invested in long-term assets.