Get correct answer general accounting Beckinsale, Inc. has a profit margin of 5.8%,on sales of $14,500,000. If the firm has debtof $7,300,000, and total assets of$11,200,000, what is the firm's ROA?

Step 1: Define Net IncomeNet income is the excess of revenues over the expenditures and is a very…

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

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Toyto Corp. has net working capital of $1,370, current liabilities of $3,720 and inventory of $1,950. What is the current ratio? What is the quick ratio? Doria Inc. has sales of $29 million, total assets of $17.5 million and total debt of $6.3 million. If the profit margin is 8 percent, what it the net income? What is the ROA? What is the ROE? Orion Inc. has a total debt ratio of 0.63. What is the debt-equity ratio? What is the equity multiplier?
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Beckinsale, Inc. has a profit margin of 5.8%, on sales of $14,500,000. If the firm has debt of $7,300,000, and total assets of $11,200,000, what is the firm's ROA?