Wims, Inc., has sales of $19.9 million, total assets of $14.9 million and total debt of $5.7 million. The profit margin is 12 percent. a. What is the company's net income? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.) b. What is the company's ROA? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) What is the company's ROE? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) C. a. Net income b. ROA ROE C. % %

Wims, Inc., has sales of $19.9 million, total assets of $14.9 million and total debt of $5.7 million. The profit margin is 12 percent. a. What is the company's net income? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.) b. What is the company's ROA? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) What is the company's ROE? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) C. a. Net income b. ROA ROE C. % %

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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Green Fire, Inc., has sales of $60 million, total assets of $42 million, and total debt of $18 million. If the profit margin is 9 percent, what is the ROA?
5. Shelton, Inc., has sales of $14 million, total assets of $12 million, and total debt of $6.7 million. Assume the profit margin is 7 percent. (a) What is the company's net income? (b) What is the company's ROA? (c) What is the company's ROE?
Here and Gone, Inc., has sales of $17,680,797, total assets of $8,472,354, and total debt of $4,415,615. If the profit margin is 12 percent, what is ROE? Enter the answer with 4 decimal places (e.g. 0.1234).
Red Company has a profit margin of 15 percent on sales of $20,000,000. If the firm has a debt of $7,500,000, total assets of $22,500,000, and an interest cost on a total debt of 5 percent, what is the firm's return on total assets (ROA)? (Round answer to two decimal places.)
Two firms have sales of $1.4 million each. Other financial information is as follows: Firm A B EBIT $ 340,000 $ 340,000 Interest expense 20,000 80,000 Income tax 45,000 15,000 Debt 1,990,000 410,000 Equity 1,450,000 2,040,000 What are the operating profit margins and the net profit margins for these two firms? Round your answers to two decimal places. Operating profit margins: Firm A: % Firm B: % Net profit margins: Firm A: % Firm B: % What are their returns on assets and on equity? Round your answers to two decimal places. Return on assets: Firm A: % Firm B: % Return on equity: Firm A: % Firm B: %
Last year, Genten Company had sales of $7465 million. If Genten’s net profit margin was 0.41 and its return on assets was 0.37, what was Genten’s total assets?
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.
Local Co. has sales of $10.4 million and cost of sales of $6.3 million. Its selling, general and administrative expenses are $490,000 and its research and development is $1.2 million. It has annual depreciation charges of $1.2 million and a tax rate of 28%. a. What is Local's gross margin? b. What is Local's operating margin? c. What is Local's net profit margin? a. What is Local's gross margin? Local's gross margin is%. (Round to two decimal places.)
. A firm has total sales of $64 million. It has gross profit of $12 million, operating income of $8.5 million, and net income of $8 million. a) What is the firm's net profit margin? b) If net profit increased to 15% from your answer in a), what percentage change does this represent?
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Flamengo Co is a sporting goods manufacturing. It had an operating income of $57,000, sales of $222.000, and a turnover ratio of 0.55. What is Flamengo's return on investment (ROI)? (Note: Round all numbers to two decimal places.) O 64.60% O Flamengo's ROI cannot be determined from this information. O 18.75% O 50.60% O 14.30%
SDJ, Inc., has net working capital of $2,360, current liabilities of $5,430, and inventory of $1,220. a. What is the current ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the quick ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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