Please give me financial accounting The Return on Sales (ROS) of Mini Corp is 5%.Mini's debt ratio (Debt to Assets) is 0.6 andAsset Turnover (Sales to Assets) is 3.2x. Whatis Mini's Return on Equity (ROE)?a) 26.7%b) 3.9%c) 40.0%d) 9.6%e) none of the above

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Answered: The Return on Sales (ROS) of Mini Corp…

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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Pickler Company has a debt-equity ratio of 1.39. Return on assets is 7.64 percent, and total equity is $695,000. a. What is the equity multiplier? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the return on equity? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the net Income?
Jack Corp. has a profit margin of 3.0 percent, total asset turnover of 2.3, and ROE of 17.45 percent. What is this firm’s debt-equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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Please no written by hand solutions Lee Corporation has the following information: Sales/Total Assets = 1.5; Return on assets (ROA) = 5.6%; and Return on equity (ROE) = 14.8%. What is Lee Corporation's debt-to-capital ratio? Assume that the firm uses only debt and common equity, so that total assets equal to total invested capital.
Assume the following relationship for Woody Corp: Sales/Total Assets is 1.5x, ROA is 3%, and ROE is 5.0%. Calculate the following assuming Woody uses only debt and common equity. What is the Debt-to-Asset Ratio?
Jackson Corporation has a profit margin of 9 percent, total asset turnover of 1.11, and ROE of 14.35 percent. What is this firm's debt- equity ratio? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Debt-equity ratio times
4-10)Assume the following relationships for Brauer Corp.:Sales/Total Assets 1.5XReturn on Assets (ROA) 3.0%Return on Equity (ROE) 5.0%Calculate Brauer’s profit margin and debt-to-asset ratio assuming the firm uses only debt and common equity.
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The Return on Sales (ROS) of Mini Corp is 5%. Mini's debt ratio (Debt to Assets) is 0.6 and Asset Turnover (Sales to Assets) is 3.2x. What is Mini's Return on Equity (ROE)? a) 26.7% b) 3.9% c) 40.0% d) 9.6% e) none of the above