EBK ACCOUNTING:TOOLS F/BUSINESS...
7th Edition
ISBN: 9781119494799
Author: Kimmel
Publisher: WILEY
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Chapter I, Problem 3BE
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- The return on equity??? General accountingarrow_forwardHii expert please provide correct answer general Accounting questionarrow_forwardQuestion -2 TJ's has annual sales of $813,200, total debt of $171,000, total equity of $396,000, and a profit margin of 5.78 percent. What is the return on assets? A) 8.29 percent B) 6.48 percent C) 9.94 percent D) 7.78 percent E) 8.02 percent Question 3 Du Pont Analysis Gardial & Son has a ROA of 8%, a 4% profit margin, and a return on equity equal to 17%. a. What is the company's total assets turnover? b. What is the firm's equity multiplier? Question:56 Gilde Industries is a division of a major corporation. Last year the division had total sales of $24,040,500, net operating income of $3,726,278, and average operating assets of $7,755,000. The company's minimum required rate of return is 18%. a. What is the division's margin? b. What is the division's turnover? c. What is the division's return on investment (ROI)? Question:57 XYZ company has an ROE of 15%, a net profit margin of 6%and an asset turnover of 1.75. What is XYZ company debt (debt/asset) ratio? A. 1.43% B. 30.00% A…arrow_forward
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