The Lawrence Company has a ratio of long term debt to long term debt plus equity of .39 and a current ratio of 1.7. Current liabilities are 950, sales are 6370, profit margin is 9.8 percent, and ROE is 20 percent. What is the amount of the firms net fixed assets?

Q: Toyto Corp. has net working capital of $1,370, current liabilities of $3,720 and inventory of…

A: Net Working Capital: Cash, accounts receivable/customers' unpaid bills, and inventories of raw…

Q: Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 1.9…

A: Profit margin is measures the % of net income from the net sales which is more than the costs…

Q: The Ashwood Company has a long-term debt ratio of .45 and a current ratio of 1.25. Current…

A: Long term debt ratio = long term debt/(long term debt+equity) = 0.45 Current ratio = current…

Q: The ratio of liabilities to stockholders' equity measures how much of the company is financed by…

A: Since we answer up to 3 sub-parts, we'll answer the first 3. Please resubmit the question and…

Q: Vigo Vacations has $200 million in total assets, $5 million in notes payable,and $25 million in…

A: A ratio that represents the proportion of the asset is financed by the fund that is raised by using…

Q: Allianze Ltd has the following data information as of 30 June 2022: Current assets of $ 6,970 Net…

A: Working capital is a measure of a company's capacity to meet its current liabilities with its…

Q: ADK Incorporated houses of $39 million, and total assets of $21 million and total debt of $6…

A: Return on Assets (ROA) is a vital financial metric that gauges a company's efficiency in converting…

Q: JPJ Corp has sales of $1.27 million, accounts receivable of $52,000, total assets of $4.96 million…

A: (1) Account Receivable Days = (Average Receivable x 365) / Credit Sale Here we are assuming that all…

Q: Vigo Vacations has S200 million in total assets, $5 million in notes payable, and $25 million in…

A: Financial management consists of directing, planning, organizing and controlling of financial…

Q: A firm has a long-term debt-equity ratio of 0.4. Shareholders’ equity is $839,800. Current assets…

A: Solution:- Total debt ratio means the percentage of total debt in the total assets of the entity.…

Q: If a company’s debt-to-equity ratio is 40% calculate its debt-to-value and equity-to-value ratios.…

A: Debt to equity ratio = 40%

Q: Sunny firm has the following balance sheet statement items: total current liabilities of RM805,000;…

A: Answer: Calculation of the amount of the firm's total current assets: Formula,  Total assets = Total…

Financial Ratios

A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.

Return on Equity

The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.