Suppose Isaiah Company reports beginning assets of $40,000, ending assets of $50,000, net sales of $120,000, and net income of $10,000. What is the return on assets?
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General Accounting
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assets of $40,000, ending assets of
$50,000, net sales of $120,000, and net
income of $10,000. What is the return on
assets?"
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- A company has the following income statement. What is its net operating profit after taxes (NOPAT)? Round it to a whole dollar. Will need to find EBIT first. Sales $ 1,050 Costs 600 Depreciation 170 EBIT $ ? Interest expense 50 EBT $ ? Taxes (24%) ? Net income $ ?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? Expert need your helpTR'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? ANSWER
- What is its profit margin?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.You have the following data for a company. What is the return on assets (ROA)? Return on equity = 15%; Earnings before taxes = $150,000; Total asset turnover = 1.8; Profit margin = 10.5%; Tax rate = 30%.
- Calculate sale margin?A company has the following income statement. What is its net operating profit after taxes (NOPAT)? Round it to a whole dollar. Sales $ 1,200 Costs 600 Depreciation 170 EBIT $ ? Interest expense 50 EBT $ ? Taxes (20%) ? Net income $ ?Briggs Company has operating income of $45,760, invested assets of $143,000, and sales of $457,600. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin % b. Investment turnover c. Return on investment %
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