Chapter 5, Problem 2MC

DTO, Inc., has sales of $18 million, total assets of $16.5 million, and total debt of $9.4 million. Assume the profit margin is 8 percent. a. What is the company's net income? (Do not round intermediate calculations. Enter your answer in dollars not in millions, e.g., 1,234,567.) b. What is the company's ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the company's ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. b. C. % %

Amir Company’s net income and net sales are $18,000 and $1,100,000, respectively,and average total assets are $100,000. What is Amir’s return on assets?a. 20.0%b. 18.0%c. 3.7%d. 7.0%

Given: The Company showed Cost of Goods Sold amounting to P440,000 and its gross profit rate is 45%. The total expenses was P238,600. Required: What is the net profit or net loss of the company. Select the correct resnonse

SDJ, Inc., has net working capital of $2,210, current liabilities of $5,490, and inventory of $1,235.   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.)

Guthrie plc has current liabilities of £340,000, a quick ratio of 1.8, inventory turnover of 4.2 and a current ratio of 3.3. Required: What is the cost of goods sold for the company? (Do not include the pound sign (£).) Cost of goods sold

15. Firm A has a total asset turnover ratio of 4.4, a net profit margin of 0.11, and return on equity of 0.15. Its return on assets is a. 0.02 b. 0.07 c. 0.48 d. 0.66

Edison Company reported the following for the current year: $ 84,000 59,000 21,080 63,000 77,080 Net sales Cost of goods sold Net income Beginning balance of total assets Ending balance of total assets Compute (a) profit margin and (b) return on total assets. Complete this question by entering your answers in the tabs below. Profit Margin Ratio Compute the return on total assets. Return On Total Assets Numerator: 7 7 7 Return On Total Assets Denominator: = Return On Total Assets Return on total assets II =

1. ValleMiramar has the following data:             Net sales, P1.8 M; Costs of Goods Sold , P 1.08; Operating Expenses, P 315,000; Earning’s before interests and profit, P405,000; Net income, P195,000; Total Stockholders’ Equity P.75M; Total Assets P 1M. .  The return on investment is: a. 22.5% b. 26.5%      c. 19.5%     d. 40.5% 2. Refer to no. 1 the debt. and operating ratio are a. .25 and .775      c.  .25 and  .175 b.  .75 and .775      d.  .75 and  .175 3. Extracts from the balance sheet ( 000,000 ) of A Co. as follows:       Current Assets                                                             Merchandise Inventory              P  77.1                Accounts Receivable                     50.1            Cash on Hand and in                    85.0                            Creditors:  Amounts falling due                         within one year               70.2             Bank Overdraft                                             Other Creditors…

Cage Corporation has current liabilities of $510,000, a quick ratio of .93, inventory turnover of 6.9, and a current ratio of 1.5. What is the cost of goods sold for the company? (Do not round intermediate calculations.)