Soto Corporation's balance sheet indicates that the company has $300,000 invested in operating assets. During 2011, Soto earned operating income of $48,000 on $600,000 of sales. Compute Soto's return on investment for 2011.
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- (Analyzing the quality of firm earnings) Kabutell, Inc. had net income of $700,000, cash flow from financing activities of $60,000, depreciation expenses of $40,000, and cash flow from operating activities of $600,000. a. Calculate the quality of earnings ratio. What does this ratio tell you? b. Kabutell, Inc. reported the following in its annual reports for 2011-2013: ($ million) 2011 Cash Flow from Operations $477 Capital Expenditures (CAPEX) $461 (Click on the icon in order to copy its contents into a spreadsheet.) Calculate the average capital acquisitions ratio over the three-year period. How would you interpret these results? a. What is Kabutell's quality of earnings ratio? % (Round to one decimal place.) 2012 $403 $447 C 2013 $471 $455During the current year, Sokowski Manufacturing earned income of $396,900 from total sales of $6,300,000 and average capital assets of $12,900,000. What is the sales margin? If required, round your answer to one decimal place. _____%In 2016, the Allen corporation had sales of $67 million, total assets of $42 million, and total liabilities of $19 million. The interest rate on the company’s debt is 6.3 percent, and it’s tax rate is 35 percent. The operating profit margin is 14 percent A. Compute the firm’s 2016 net operating income and net income The firm’s 2016 net operating income is Round to two decimal places B. Calculate the firms operating return on assets and return on equity.
