37. Using the following data, complete the Balance Sheet below: Gross Profit (20% of sales) Shareholders' Equity 60,000 7 50,000 Credit Sales to Total sales Total Assets Turnover (Sales/Total Assets) Inventory Turnover (to cost of Sales) Average Collection Period (360 days a year) 80% 3 times 8 times 18 days Current ratio 1.6 Long-term debt to Equity 40% Balance Sheet Creditors Cash ..... Long-term Debt Shareholders' Equity Debtors Inventory Fixed Asset ....

Accounting  Renty has a debt-equity ratio of 35 percent, sales of $13,500, net income of $2,200, and total debt of $11,200. What is the return on equity?

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40. JoelEmbi, Inc. has an ROA (return on assets) of 15.2 percent, total assets of $4,500,000 and a net profit margin of 7.6 percent. What are JoelEmbi, Inc.'s annual sales? Enter your answer a whole number (i.e., rounded to zero decimal places. 41. JimmyButle, LLC. has a debt-to-total assets ratio of 39.6%. What is the company's debt-to-equity ratio? Enter your answer as a ratio (that is, do not convert to a percent), rounded to 2 decimal places. 42. JohCol, Inc has a debt ratio of 27.0% and ROE = 20.2%. What is JohCol, Inc.'s ROA? Enter your answer as a percent rounded to 1 decimal place. Enter 43. PauGeo, Inc. has an ROA of 18.2% and a debt/equity ratio of 0.83. The firm's ROE is answer as a percent rounded to 1 decimal place. 44. Assume that TraeYoung, Inc. has: Debt ratio 60% ● Net profit margin = 15.2% ● Return on assets (ROA) = 52% Find Trae Young's Total Asset Turnover ratio. Enter answer as a ratio (that is, do not convert to a percent), rounded to 2 decimal places.