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The Dahlia Company has net income of $161,850. There are currently 30.25 days' sales in receivables. Total assets are $850,000, total receivables are $147,500, and the debt-equity ratio is .35. What is the company's profit margin? What is the company's total asset turnover? What is the company's ROE?

The Dahlia Company has net income of $161,850. There are currently 30.25 days' sales in receivables. Total assets are $850,000, total receivables are $147,500, and the debt-equity ratio is .35. What is the company's profit margin? What is the company's total asset turnover? What is the company's ROE?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What is the company's ROE on this general accounting question?

The Dahlia Company has net income of $161,850. There are currently 30.25 days' sales in receivables. Total assets are $850,000, total receivables are $147,500, and the debt-equity ratio is .35. What is the company's profit margin? What is the company's total asset turnover? What is the company's ROE?
Transcribed Image Text:The Dahlia Company has net income of $161,850. There are currently 30.25 days' sales in receivables. Total assets are $850,000, total receivables are $147,500, and the debt-equity ratio is .35. What is the company's profit margin? What is the company's total asset turnover? What is the company's ROE?
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