XYZ Corp. has an operating profit margin of 7%, a debt burden of 0.8, and has financed two- thirds of its assets through equity. Required: What asset turnover ratio is necessary to achieve an ROE of 18%?
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- What asset turnover ratio is necessary to achieve an ROE of 18% ??XYZ Corp. has an operating profit margin of 7%, a debt burden of 0.8, and has financed two-thirds of its assets through equity. What asset turnover ratio is necessary to achieve an ROE of 18%? A. 1.26 B. 1.61 C. 2.14 D. 4.02 provide step by step calculation with step titleNone
- Croc Gator Removal has a profit margin of 8 percent, total asset turnover of 1.0, and ROE of 14.46 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.)If 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. 0.75Croc Gator Removal has a profit margin of 10 percent, total asset turnover of 1.02 and ROE of 14.44 percent. What is the firm's debt-equity ratio? ( Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16) Debt-equity ratio________ times
- Need answer with this accounting questionDuPont Analysis If Epic, Inc. has an ROE = 18%, equity multiplier = 4.7, a profit margin of 11.3%, what is the total asset turnover ratio? (Round your answer to 4 decimal places.)Manufacturer A has a profit margin of 2.0%, an asset turnover of 1.7, and an equity multiplier of 4.9. Manufacturer B has a profit margin of 2.3%, an asset turnover of 1.1, and an equity multiplier of 4.7. How much asset turnover should manufacturer B have to match manufacturer A's ROE?
- Need help with this accounting questionAssume that the Profit Margin for Teebow, Inc., is 4.92%. The company's Total Asset Turnover is 1.8 times. Given that the equity multiplier for the company is 1.67 times, what are its ROA and ROE? It cannot be determined from the information given ROA=8.85% ; ROE = 14.79% ROA=10% ; ROE=15% ROA=13.04% ; ROE=18.85%Please provide answer the accounting question