The Purple Martin has annual sales of $4,900, total debt of $1,390, total equity of $2,400, and a profit margin of 6 percent. What is the return on assets?
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- I want to correct answer accountingMari Mari Berhad has sales of RM29,000, total assets of RM17,500, and total debt of RM6,300. If the Net Profit Margin is 9%; a) What is the Net Income ? b) What is the Return on Asset ? c) What is the Return on Equities ?Du Pont Analysis. Keller Cosmetics maintains an operating profit margin of 5% and asset turnover ratio of 3. a. what is ROA? b. If its debt-equity ratio is 1, its interest payments and taxes are each 8000, and EBIT is 20,000 what is its ROE? * I know ROA is Asset Turnover x OPM which gives me .15. How do I analyze this? Is it for every dollar spent on assets you get a return of 15%. Also How do I solve for b. Please give me step by step instructions. For the ROE, I was able to solve for NI given the EBIT, Interest Pay, and Tax. This is 4000. However I don't know how to solve for equity to find ROA. Can you give me step by step instructions/full explanations on how to calculate equity?
- Need helpKeller Cosmetics maintains an operating profit margin of 5% and asset turnover ratio of 6. a. What is its ROA? (Enter your answer as a whole percent.) ROA 20 % If its debt-equity ratio is 1, its interest payments are $9,600 and taxes are $11,200, and b. EBIT is $28,000, what is its ROE? (Do not round intermediate calculations. Enter your answer as a whole percent.) ROE 15.56 %What is the amount of the net income? Accounting