Zenith Electronics is projected to have total assets of $3,500 and total liabilities of $2,100 at the end of the fiscal year. Based on this information, what is the company's projected total owners' equity? A. $1,400 B. $2,100 C. $5,600
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- A company has the following items for the fiscal year 2020: Revenue = 10 million EBIT = 4 million Net income = 2 million Total Equity = 15 million Total Assets = 30 million Calculate the company’s net profit margin, asset turnover, equity multiplier and ROEFor the year ended December 31, 2020, Malek Inc. earned an ROI of 12.5%. Sales for the year were $25 million, and the average asset turnover was 4.0. Average stockholders' equity was $3.5 million. Required: a. Calculate Malek Inc.'s margin and net income. b. Calculate Malek Inc.'s return on equity.A company has the following items for the fiscal year 2020: Revenue =10 million EBIT = 5 million Net income = 2 million Total Equity = 20 million Total Assets = 40 million Calculate the company’s ROA and ROE
- Please solve the following requirements on these financial accounting questionC Company has the following data for the year ending 12/31/2020 (dollars are in thousands): Net income = $600; EBIT = $1,184; Total assets = $3,000; Short-term investments = $200; Total capital employed = $2,193; and tax rate = 30%. The company’s WACC is 11.07%. What was its Economic Value Added (EVA) for the year 2020? Round your answer to the nearest dollar. Group of answer choices: $583 $586 $577 $572 $580For the year ended December 31, 2020, Greenhill Enterprises earned an ROI of 10.5%. Sales for the year were $18 million, and the average asset turnover was 2.5. Average stockholders' equity was $3.6 million. Required: a. Calculate Greenhill Enterprises' margin and net income. b. Calculate Greenhill Enterprises' return on equity.
- Technology Inc. expects to have the following data during the coming year. What is Hernandez's expected ROE? Also, discuss the importance of the ROE to a company and to shareholders. $200,000 Interest rate 65% Tax rate Assets 8% D/A 40% EBIT $25,000What does the company report for the following accounts for the most current fiscal year: Enter your answer in millions. Total Assets: 70,581 Total Liabilities: 67,282 Long-Term debt: 35,822 Other long-term liabilities: 8,294 Operating Income: 18,278 Interest expense: 1,347 2. The company projects the following for the next fiscal year: • Total assets will increase by 5%.• Total liabilities will increase by 6%.• Long-term debt and interest expense will increase by 7%.• Operating income will increase by $750 million. a. Total assets: 74,100 b Total liabilities: 71,319 c. Long-term debt: 38,330 d. operating income: 19,028 e. Interest expense: Provide the next year’s forecasted balances for the above accounts. Round your answer to the nearest million. 1. Compute the forecasted debt to equity ratio for the next fiscal year. Round your answer to two decimal places. 2. Compute the forecasted long-term debt to equity ratio for the next fiscal year. Round your answer to two decimal…For the next fiscal year, you forecast net income of $49,400 and ending assets of 506,900. Your firm's payout ratio is 10.6 %. Your beginning stockholders' equity is $299,600, and your beginning total liabilities are $128,200. Your non-debt liabilities such as accounts payable are forecasted to increase by $10,500. Assume your beginning debt is $108,200. What amount of equity and what amount of debt would you need to issue to cover the net new financing in order to keep your debt-equity ratio constant?
- Provide AnswerPlease given answer this questionFor the year ended December 31, 2022, Settles Incorporated earned an ROI of 8.8 %. Sales for the year were $9 million, and average asset turnover was 2.2. Average stockholders' equity was $2.9 million. Required: a. Calculate Settles Incorporated's margin and net income. Note: Round "Margin" answer to 1 decimal place. Enter the net income answer in dollars, i.e., $5 million should be entered as 5,000,000. b. Calculate Settles Incorporated's return on equity. Note: Round your answer to 1 decimal place. a. Margin a. Net income % b. Return on equity %