World Exports has total assets of $938,280, a total asset turnover rate of 1.18, a debt- equity ratio of 0.47, and a return on equity of 18.7 percent. What is the firm's net income? a. $119,359.43 b. $88,303.33 c. $104,624.14 d. $121,548.09 e. $92,236.67
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- Please answer the questionIf Epic, Inc. has an ROE of 25%, an equity multiplier of 4, and a profit margin of 12%, what is the total asset turnover ratio? a. 0.0833 b. 0.192 c. 0.5208 d. 0.75What are the annual sales for a firm with $805,853 in total liabilities, a total debt ratio of 0.84, and an asset turnover of 1.5? Numeric Response
- What is the return on equity?The Saw Mill has a return on assets of 6.1 percent, a total asset turnover rate of 1.8, and a debt-equity ratio of 0.6. What is the return on equity? Group of answer choices 9.76 percent 15.86 percent 19.03 percent 4.26 percent 12.28 percentWhat are the annual sales for a firm with $116,044 in total liabilities, a total debt ratio of 0.48, and an asset turnover of 4.75?
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