FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- Croc Gator Removal has a profit margin of 8 percent, total asset turnover of 1.0, and ROE of 14.46 percent. What is this firm's debt-equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)arrow_forwardCroc Gator Removal has a profit margin of 10 percent, total asset turnover of 1.02 and ROE of 14.44 percent. What is the firm's debt-equity ratio? ( Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16) Debt-equity ratio________ timesarrow_forwardNeed answer with this accounting questionarrow_forward
- Please Need Answer of this Questionarrow_forwardAssume that the Profit Margin for Teebow, Inc., is 4.92%. The company's Total Asset Turnover is 1.8 times. Given that the equity multiplier for the company is 1.67 times, what are its ROA and ROE? It cannot be determined from the information given ROA=8.85% ; ROE = 14.79% ROA=10% ; ROE=15% ROA=13.04% ; ROE=18.85%arrow_forwardKelso's has a return on equity of 15.2 percent, a debt-equity ratio of 44 percent, a capital intensity ratio of 1.08, a current ratio of 1.25, and current assets of $138,000. What is the profit margin? {Hint: capital intensity ratio is related to total asset turnover.} 13.65% 9.72% 7.45% 11.40% 12.15%arrow_forward
- ABC Company has a debt-equity ratio of 50 percent, a total asset turnover of 1.25, and a profit margin of 5.4 percent. What is the value of the ROE? (Hint: See the Ch 03 Practice Problems) 10.13% 3.38% 4.50% 6.75% 8.10%arrow_forwardconsider a company with ROE of 14.5% and a profit margin of 6.5%. if the total asset turnover is 1.8 what is the firm's debt equity ratioarrow_forwardKeller Cosmetics maintains an operating profit margin of 6% and asset turnover ratio of 1. a. What is its ROA? (Enter your answer as a whole percent.) ROA % b. If its debt-equity ratio is 1, its interest payments are $9,700 and taxes are $11,400, and EBIT is $28,500, what is its ROE? (Do not round intermediate calculations. Enter your answer as a whole percent.) ROE %arrow_forward
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