You are considering investing in Nuran Security Services. You have been able to locate the following information on the firm: total assets are $26.95 million, accounts receivable are $4.30 million, ACP is 30 days, net income is $4.50 million, and debt-to-equity is 1.20 times. Calculate the ROE for the firm.
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- You are considering investing in Dakota's Security Services. You have been able to locate the following information on the firm: Total assets are $32.6 million, accounts receivable are $4.46 million, ACP is 25 days, net income is $4.83 million, and debt-to-equity is 1.3 times. All sales are on credit. Dakota's is considering loosening its credit policy such that ACP will increase to 30 days. The change is expected to increase credit sales by 6 percent. Any change in accounts receivable will be offset with a change in debt. No other balance sheet changes are expected. Dakota's profit margin will remain unchanged. How will this change in accounts receivable policy affect Dakota's net income, total asset turnover, equity multiplier, ROA, and ROE? Note: Do not round intermediate calculations. Enter your answer in millions of dollars. Round your answers to 2 decimal places. Use 365 days a year. Net income Total asset turnover Equity multiplier ROA ROE million times times % %Rick's ROA?Rick's Travel Service has asked you to help piece together financial information on the firm for the most current year. Managers give you the following information: sales are $7.4 million, total debt is $2.00 million, debt ratio is 35 percent, and ROE is 17.1 percent. Using the above information, calculate Rick's ROA. Note: Round your answer to 2 decimal places. ROA %
- Rick’s Travel Service has asked you to help piece together financial information on the firm for the most current year. Managers give you the following information: sales are $7.5 million, total debt is $3.00 million, debt ratio is 55 percent, and ROE is 17.2 percent. Using the above information, calculate Rick’s ROA. (Round your answer to 2 decimal places.) ROA _________ %Question: Rick's Travel Service has asked you to help piece together financial information on the firm for the most current year. Managers give you the following information: sales are $8.0 million, total debt is $3.5685 million, debt ratio is 65 percent, and ROE is 17.8 percent. Using the above information, calculate Rick's ROAIdentify information used in an investment decision Look forward to the daywhen you will have accumulated $5,000, and assume that you have decided to investthat hard-earned money in the common stock of a publicly owned corporation. Whatdata about that company will you be most interested in, and how will you arrangethose data so they are most meaningful to you? What information about the company will you want on a weekly basis, on a quarterly basis, and on an annual basis?How will you decide whether to sell, hold, or buy some more of the firm’s stock?
- Please help me solve it real fast, it eill really help meYou are the new CFO of Risk Surfing Ltd, which has current assets of $ 7 920, net fixed assets of $17 700, current liabilities of $4 580 and long term debts of $5 890. Required:a.Calculate owners’ equity and build a balance sheet for the company? b.How much is net working capital of the company? c.Calculate the return on assets of the company given that Return on Equity is 30%? d.What is the PE of the company if total number of ordinary sharesoutstanding is 2000 and market price of each share is $12?Your client wishes for you to evaluate the current structure of Homestarter Ltd. (a small investment company) in an aim to identify the current returns required for the company. This company has the following balance sheet and details: (picture) Notes: The company’s bank has advised that the interest rate on any new debt finance provided for the projects would be 7% p.a. if the debt issue is of similar risk and of the same time to maturity and coupon rate. There are currently 150,000 preference shares on issue, which pay a dividend of $1.30 per year. The preference shares currently sell for $8.20. The company’s existing 600,000 ordinary shares currently sell for $2.85 each. You have identified that Homestarter has recently paid a $0.28 dividend. Historically, dividends have increased at an annual rate of 3% p.a. and are expected to continue to do so in the future. The company’s tax rate is 25%. Your client wishes to understand, with the use of workings, the following aspects of…