Hayden Inc. has a sales margin of 12% and a capital turnover of 2.5. Sales revenue is $600,000. What is total assets? $1,500,000 OS 240,000 O$ 50,000 O$ 72,000
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- LaPlante Inc. has a profit margin of 14% and an investment turnover of 2. Sales revenue is $800,000. What is average invested assets?A company has net income of $300,000, net sales of $2,500,000, and total assets of $2,000,000. Its return on total assets equals a. 6.7%. c. 8.3%. e. 15.0%. b. 12.0%. d. 80.0%.Grove Corp. has revenues of $1,531,000 resulting in an operating income of $183,000. Average invested assets total $801,000. If sales increase by 10% and the investment level remains constant, what is the investment turnover?A.) 2.10B.) 12.65%C.) 1.91D.) 11.95%
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- The following information pertains to Travis Concrete: Sales revenue $2,000,000 Gross margin 700,000 100,000 550,000 Income Invested capital The company's imputed interest rate is 8%. The capital turnover is: Multiple Choice 27.50. 3.64. 20.00.The Sports Shack reports net income of $120,000, sales of $1,200,000, and average assets of $960,000. The profit margin is a. 10%.b. 12.5%.c. 80%.d. 125%.DuPONT AND NET INCOME Ebersoll Mining has $6 million in sales, its ROE is 12%, and its total assets turnover is 3.2x. Common equity on the firm’s balance sheet is 50% of its total assets. What is its net income?