Y3K, Ic., has sales of $6,329, total assets of $2,945, and a debt-equity ratio of 1.40. If its return on equity is 14 percent, what is its net income? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net income

Q: Y3K, Incorporated, has sales of $5,000, total assets of $3,200, and a debt-equity ratio of 1.10. If…

A: Net income, also known as net profit or net earnings, is the amount of money a company has left over…

Q: Nakamura, Incorporated, has a total debt ratio of .56, total debt of $316,000, and net income of…

A: The debt ratio can be used for determining the ratio of debt to assets used in the company. This…

Q: SDJ, Incorporated, has net working capital of $2,930, current liabilities of $4,070, and inventory…

A: Working capital = $2,930 Current liabilities = $4,070 Inventory  = $3,770

Q: A firm has a profit margin of 7% and an equity multiplier of 1.9. Its sales are $230 million, and it…

A: The profit margin is 7%.Equity multiplier is 1.9.Sales are $230 million.Total assets are $92…

Q: Need answer

A:

Q: Y3K Inc. has sales of $5783, total assets of $2604, and a debt-equity ratio of .75. If its Return on…

A: Profit margin = Net Income = Return on equity * Total equity

Q: Denver, Incorporated, has sales of $14.2 million, total assets of $11.3 million, and total debt of…

A: Shareholder equity helps investors and other companies in analyzing the growth or financial position…

Q: What is the amount of the firm’s net fixed assets?

A: Fixed Assets: These are assets having a life of more than one year. They are purchased for goods and…

Q: Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 1.7. Its sales are $90…

A: Return on equity is one of the ratios that tell about the financial position of the company. It can…

Q: Need Help with this Question

A: Step 1: To find the return on equity (ROE), we can use the following formula: ROE=EquityNet…

Q: jPhone, Inc., has an equity multiplier of 1.42, total asset turnover of 1.71, and a profit margin of…

A: In this question, we are required to determine the Return on Equity (ROE).

Q: Y3K, Inc., has sales of $6,209, total assets of $2,825, and a debt-equity ratio of 1.10. If its…

A: Net income is the amount of profit left by the company after paying all the operating and…

Q: A firm has a profit margin of 5.5% and an equity multiplier of 3.0. Its sales are $140 million, and…

A: Profit margin = 5.5%Equity multiplier = 3.0Sales = $140 millionTotal assets = $84 million

Q: You are given the following information: Cash=$407, inventory= $579, Notes payable=$301, Long-term…

A: Given data; Cash= $407 inventory = $ 579 Notes payable = $ 301 Long term debt = $1680 Account…

Q: A firm has a long-term debt-equity ratio of 0.5. Shareholders' equity is $1.04 million. Current…

A: We need to use the following ratios to calculate total debt ratioLong-term debt= Shareholders…

Q: None

A: Reference:Furhmann, R. (2024, June 21). How to calculate return on Equity (ROE). Investopedia.…

Q: what is net income? What is ROA? What is ROE?

A: Net Income: It represents the amount of profits/gains made by the company after the reduction of…

Q: Mobius, Incorporated, has a total debt ratio of .10. A) What is the debt-equity ratio? Note: Do not…

A: Total debt ratio- Total debt to total assets  is a leverage ratio and it shows the degree to which a…

Q: 4.46 percent. at is this firm's debt-equity ratio? (Do not round intermediate cald ur answer to 2…

A: Dupont equation is quite used in calculating the return on equity using three ratio and have been…

Q: You calculate that a firm has a total asset turnover of 0.12 and a profit margin of 0.92. If the…

A: ROE = Net profit margin × Asset turnover ratio × equity multiplier 0.26 = 0.92 × 0.12 ×equity…

Q: A firm has a long-term debt-equity ratio of 0.5. Shareholders’ equity is $1.04 million. Current…

A: We need to use the following ratios to calculate total debt ratio Long-term debt= Shareholders…

Q: Provide answer

A: Approach to solving the question: To solve the problem ->Understand the relationship : Recognize…

Q: Answer please

A: Now, calculate the Return on Equity (ROE): ROE=(Profit Margin)×(Total Asset Turnover)×(Equity…

Q: Jackson Corporation has a profit margin of 9 percent, total asset turnover of equity ratio? Note: Do…

A: Profit margin = 9%Total asset turnover = 1.11Return on Equity (ROE) = 14.35%

Q: A firm has a long-term debt-equity ratio of 0.3. Shareholders' equity is $0.90 million. Current…

A: Long-term debt-equity ratio0.3Shareholder equity$900,000Current assets$360,000Current ratio1.8

Q: The Lawrence Company has a ratio of long-term debt to long-term debt plus equity of .34 and a…

A: Profit Margin = Net Profit/Sales So Net Profit = Sales * Profit Margin    ROE = Net Profit/Equity So…

Q: Here and Gone, Inc., has sales of $17,546,456, total assets of $10,662,678, and total debt of…

A: Net Income will be calculated using formula :   Net Income = Net Sales  ×  Profit Margin

Q: The bike so shoppe has total assets of $536,712 and an equity multiplier of 1.36.  what is the…

A: Equity multiplier is used during solvency ratio analysis. This represents how much loans are used to…

Q: Use the Dupont identity to solve the following. The ABC Inc. has sales of $10,500, total assets of…

A: Solution: Dupont analysis is a measure to compute the firm’s Return in Equity (ROE). As per Dupont…

Q: Jackson Corporation has a profit margin of 11 percent, total asset turnover of 1.09, and ROE of…

A: Profit margin = 11%Total asset turnover = 1.09Return on Equity (ROE) = 14.37%

Q: Austin's Cookies has a return on assets of 7.8 percent and a cost of equity of 11.9 percent. What is…

A: Weighted Average Cost of Capital (WACC) is the overall cost of capital from all the sources of…

Q: Borland, Inc., has a profit margin of 6.5 percent on sales of $22,600,000. Assume the firm has debt…

A: Formula: ROA = ( Net profit / Total Assets ) x 100

Q: Jack Corp. has a profit margin of 4.0 percent, total asset turnover of 2.1, and ROE of 16.42…

A: Return on equity = Profit margin * Total asset turnover ratio * Equity multiplier 16.42% = 4%*2.1*…

Q: Sales for the year = $341,126, Net Income for the year = $38,441, Income from equity investments =…

A: Return on equity (ROE) = Net Income / Shareholder's equity

Q: A firm has a profit margin of 4% and an equity multiplier of 1.8. Its sales are $370 million, and it…

A: The objective of this question is to calculate the Return on Equity (ROE) for a firm given its…

Q: synoec company has a debt - equity ratio of .85. return on assets is 10.4 percent, and total equity…

A: We use financial ratios to determine and analyse the financial position and financial health of a…

Q: Phone, Inc, has an equity multiplier of 136, total asset turnover of 165, and a profit margin of 8…

A: Dupont formula is that formula which is used for calculating return on equity of the business. This…

Q: Kodi Company has a debt-equity ratio of 1.33. Return on assets is 7.58 percent, and total equity is…

A: A) Equity Multiplier = 1 + Debt-equity ratioEquity Multiplier = 1+ 1.33Equity Multiplier = 2.33…

Q: Jackson Corporation has a profit margin of 6.6 percent, total asset turnover of 1.7, and ROE of…

A: The quantitative metric employed to analyze and interpret the data from financial reports is…

Q: Renty has a debt-equity ratio of 35 percent, sales of $13,500, net income of $2,200, and total debt…

A: Lets understand the basics. Return on equity is a ratio which shows how much net income is earned…

Q: Y3K, Incorporated, has sales of $6,389, total assets of $3,005, and a debt-equity ratio of 1.60. If…

A: Information Provided: Sales = $6,389 Total assets = $3,005 Debt-equity ratio = 1.60 Return on…

Q: Get Answer

A: Given:Sales = $ 3500Total Assets = $ 3200Profit Margin = 5 %Total Debt Ratio = 41 % To solve for the…

Q: 40. Joel Embi, Inc. has an ROA (return on assets) of 15.2 percent, total assets of $4,500,000 and a…

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…