hite Waters, Inc., has sales of $28 million, total assets of $36 million, and total debt of $11 million with a 6% average interest rate. If the profit margin is 14 percent, the ROA is ______

Q: The company has a 10% interest bearing, promissory note of 50,000, payable after 5 years. Sales…

A: The financial leverage is the ratio that helps in measuring the dependency of the entity on debt…

Q: The Dog House has net income of $3,450 and total equity of $8,600. The debt-equity ratio is .60 and…

A: Return on asset = Return on equity/(1+Debt equity ratio)  Return on equity = Net Income/Total equity…

Q: Suppose that Gyp Sum Industries currently has the balance sheet shown below, and that sales for the…

A: External funds needed to support the planned growth next year, have to be calculated. This is a…

Q: Jones Inc. has sales of $1,000,000, total assets of $2,500,000, and a profit margin of 3 percent.…

A: Return on equity measures the return generated by common or equity shareholders from their…

Q: (DuPont analysis) Triangular Chemicals has total assets of $90 million, a return on equity of 37…

A: ROE = Profit margin * Equity multiplier * Total asset turnover 0.37 = 0.046 * 2.97 * Total asset…

Q: Atom Company's operating income for selling 100,000 units is $60,000. Assume that Atom Company has…

A: The provided information are: EBIT = $60,000 Interest expense (I) = $18,000

Q: Chutes & Co. has interest expense of $1.05 million and an operating margin of 11.9% on total sales…

A: Interest rate ratio (ICR) is a financial measure of a company's ability to meet interest payments on…

Q: Keller Cosmetics maintains an operating profit margin of 5% and asset turnover ratio of 6. a. What…

A: We need to use below equations to solve above problems.ROA = Operating profit margin* Assets…

Q: Bulldogs Inc. has a total asset balance composed of 30% current and 70% non-current. The total…

A: Equity ratio of the company means how much equity portion consisting out of total assets. Debt ratio…

Q: In the past year, TVG had revenues of $3.03 million, cost of goods sold of $2.53 million, and…

A: TIME INTEREST EARNED RATIO Times Interest Earned Ratio is the Ratio Between Earning Before…

Q: Suppose that Gyp Sum Industries currently has the balance sheet shown below, and that sales for the…

A: When the revenue earned by the company is expected to be lesser than the current value, it is…

Q: Red Company has total interest charges of $10,000 per year, sales of $1 million, a tax rate of 40…

A: Interest expenses = $10,000 Sales = $1,000,000 Tax rate = 40% Net profit ratio = 6% Profit before…

Q: Blue Birds Inc., has a working capital of $1,250, current liabilities of $4,410, and inventory of…

A: Quick ratio, also known as the acid-test ratio, is a financial metric that measures a company's…

Q: The interest coverage ratio is times.

A: Interest coverage ratio is a financial metric that helps in determining the ability of a business…

Q: MPI Incorporated has $6 billion in assets, and its tax rate is 25%. Its basic earning power (BEP)…

A: The times-interest-earned ratio (TIE) compares the EBIT of a company relative to the amount of…

Q: Ticks Inc. has a total asset balance composed of 30% current and 70% non-current. The total amount…

A: calculation of total assets of the company... As per Equation Total of Assets=Total of…

Q: For the year ended December 31, 2019, Settles Inc. earned an ROI of 9.6%. Sales for the year were…

A:

Q: Suppose that Gyp Sum Industries currently has the balance sheet shown below, and that sales for the…

A: The AFN refers to the funding that is required by the company for its operations to reach the…

Q: MPI Incorporated has $5 billion in assets, and its tax rate is 35%. Its basic earning power (BEP)…

A: To calculate the Times Interest Earned (TIE) ratio for MPI Incorporated, we need to follow these…

Q: A company has annual sales of $100,000, total debt of $50,000, total equity of $50,000, and a profit…

A: Return on assets tells us how profitable a firm is visa vis its assets.  Return on assets = Net…

Q: A company has dividend yield of 27%, and asset turnover of 1.8 times per year. If the return on…

A: Option a: This option is correct. Step 1:We have to calculate the profit margin. The formula for…

Q: A firm has total interest charges of $10,000 per year, sates of $1 million, a tax rate of 40…

A: Times interest earned ratio or interest coverage ratio shows ability of the company in paying it's…

Q: A firm has a profit margin of 5.5% and an equity multiplier of 3.0. Its sales are $140 million, and…

A: Profit margin = 5.5%Equity multiplier = 3.0Sales = $140 millionTotal assets = $84 million

Q: Firm B has accounts receivable of $5,000,000 and annual sales of $9,000,000. What is the firm's days…

A: Accounts Receivable = $5,000,000Number of Days in Period = 365Annual sales = $9,000,000

Q: MPI Incorporated has $12 billion in assets, and its tax rate is 25%. Its basic earning power (BEP)…

A: Time interest earned ratio measures the ability to meet the interest obligations from its operating…

Q: ↑ Chutes & Co. has interest expense of $1.92 million and an operating margin of 10.9% on total sales…

A: The interest coverage ratio offers important clues about a company's financial health and debt…

Q: LaPlante Inc. has a profit margin of 14% and an investment turnover of 2. Sales revenue is $800,000.…

A: The investment turnover ratio compares the revenue received to its equity and debt. The ratio is…

Q: If Roten Rooters, Inc., has an equity multiplier of 1.28, total asset turnover of 1.85, current…

A: Return on EquityThe Return on Equity (ROE) is a metric used to assess how profitable a company is in…

Q: MPI Incorporated has $7 billion in assets, and its tax rate is 35%. Its basic earning power (BEP)…

A: The term "TIE ratio" typically refers to the "Times Interest Earned" ratio. This is a financial…

Q: The Lawrence Company has a ratio of long-term debt to long-term debt plus equity of .34 and a…

A: Profit Margin = Net Profit/Sales So Net Profit = Sales * Profit Margin    ROE = Net Profit/Equity So…

Q: The First National Bank of Trinidad reports a net interest margin of 5.83 percent. It has total…

A: Bank refers to institution that is primarily involved in accepting deposits from public and…

Q: Thomson Trucking has $24 billion in assets, and its tax rate is 25%. Its basic earning power (BEP)…

A: TIE ratio is the ratio of Earning before Interest and Tax divided by the Interest Expense. TIE Ratio…

Q: Suppose that Psy Ops Industries currently has the balance sheet shown below, and that sales for the…

A: The objective of the question is to calculate the amount of additional funds that Psy Ops Industries…

Q: Last year, Cayman Corporation had sales of $6,608,800, total variable costs of $2,695,237, and total…

A: Degree of Combined Leverage= Contribution / Earnings before tax=( Sales - Variable cost ) / ( Sales…

Q: Operating profit margin is 8.65%.  Sales to assets ratio is 3.20.  Assets are 630,000.  Equity is…

A: Net income is the amount of money that an entity earned after deducting all the expenses from the…

Q: Jerry Rice and Grain Stores has $4,780,000 in yearly sales. The firm earns 4.5 percent on each…

A: Given, Sales $4,780,000 Net profit margin is 4.5%

Q: MPI Incorporated has $6 billion in assets, and its tax rate is 35%. Its basic earning power (BEP)…

A: Times interest earned ratio is calculated by dividing the earnings before interest and tax (EBIT) by…

Q: A firm has a profit margin of 4% and an equity multiplier of 1.8. Its sales are $370 million, and it…

A: The objective of this question is to calculate the Return on Equity (ROE) for a firm given its…

Q: SOLVE

A: Definition of Return on Asset:Return on assets (ROA) is a key profitability ratio that measures how…

Q: If Roten Rooters, Inc., has an equity multiplier of 2.46, total asset turnover of 1.63, current…

A: ROE, or Return on Equity, is a financial measure that evaluates a company's profitability by…

Q: DD has an ROA of 10% , a 2% profit margin, and a return on equity equal to 15%. What is the…

A: Given: Return on Assets (ROA) = 10% Profit Margin = 2% Return on Equity = 15%

Q: Blue Birds Inc., has a working capital of $1,410, current liabilities of $4,220, and inventory of…

A: In the given case, we have provided the working capital, current liabilities and the…

Q: MPI Incorporated has $12 billion in assets, and its tax rate calculations. Round your answer to two…

A: Basic earning power = Earnings before interest and tax / Total Assets                            11%…