Beckinsale, Inc., has a profit margin of 5.8 percent on sales of $16,000,000. If the firmhas debt of $7,900,000 and total assets of $14,000,000.Required:What is the firm's ROA? (Do not round intermediate calculations. Round your answer to2 decimal places (e.g., 32.16).)ROA

Calculation of Firm’s ROA:The firm’s ROA is 6.63%.Excel Spreadsheet:

Answered: Beckinsale, Inc., has a profit margin…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Ace Industries has current assets equal to $10 million. The company's current ratio is 2.0, and its quick ratio is 1.5. What is the firm's level of current liabilities? What is the firm's level of inventories? Do not round intermediate calculations. Round your answers to the nearest dollar. Current liabilities: $ Inventories: $
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SDJ, Inc., has net working capital of $4000, current liabilities of $6500, and inventory of $5,700. What is the quick ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)
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You are given the following information for Troiano Pizza Company: sales = $84,700; costs = $58,900; addition to retained earnings = $8,100; dividends paid = $3,500; interest expense = $3,210; tax rate = 23 percent. Calculate the depreciation expense for the company. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.
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Beckinsale, Inc., has a profit margin of 5.8 percent on sales of $16,000,000. If the firm has debt of $7,900,000 and total assets of $14,000,000. Required: What is the firm's ROA? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) ROA