Summit Corporation has the following financial information for the current year: . Net Income: $2,400,000 ⚫ Sales Revenue: $30,000,000 ⚫ Average Investment Capital: $8,000,000 Calculate Summit Corporation's sales margin.
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- Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,058,000 in invested assets, sales of $1,229,000, income from operations amounting to $202,000, and a desired minimum return of 12%. Round the percentage to one decimal place. The profit margin for Mason Corporation is Oa. 19.1% Ob. 16.4% Oc. 86.1% IC. Od. 12.0%Beckinsale Inc. ROARight Answer
- Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,030,000 in invested assets, sales of $1,275,000, income from operations amounting to $227,000, and a desired minimum return of 12%. Round the percentage to one decimal place. The profit margin for Mason Corporation is Oa. 22.0% Оb. 17.8% Oc. 12.0% Od. 80.8%Complete bothNeed answer the question
- What is the company's ROA? Denver, Incorporated, has sales of $27 million, total assets of $24.9 million, and total debt of $5.7 million. Assume the profit margin is 9 percent.What is the firm's ROA?Buford Corporation provided the information below. Sales $500,000 Net operating income $54,000 Average invested assets $600,000 Calculate the return on investment if sales increase by 10% and the profit margin and invested assets remain unchanged.
- ADK Incorporated houses of $39 million, and total assets of $21 million and total debt of $6 million. A. If the profit margin is 8%, what is the net income? B. What is the ROA?Lone Star Plastics has the following data:Total Assets: R100,000 ; Net Profit margin: 6.0%;Tax rate: 40% ; Debt ratio: 40.0% of which 30% is interest bearing debt;Interest rate: 8.0% : Total assets turnover: 3.0.Calculate Lone Star's EBIT (Earnings before Interest and Tax).Assume the following sales data for a company: Current year $1,025,000 Preceding year 820,000 What is the percentage increase in sales from the preceding year to the current year? Oa. 125% Ob. 25% Oc. 75% Od. 100%