A firm has not working capital of 4400, net fixed assets of $5646, sales of $5,100, and current liabilities of $900. How many dollars worth of sales are generated from every $1 in total assets?
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- Ace Industries has current assets equal to 3 million. The companys current ratio is 1.5, and its quick ratio is 1.0. What is the firms level of current liabilities? What is the firms level of inventories?A firm has net working capital of $580, net fixed assets of $2,326, sales of $6,900, and current liabilities of $890. How many dollars worth of sales are generated from every $1 in total assets?Pharrell, Inc., has sales of $998,000, costs of $283,000, depreciation expense of $84,000, interest expense of $30,000, and a tax rate of 35 percent. What is the net income for this firm? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
- Denver, Incorporated, has sales of $21 million, total assets of $18.3 million, and total debt of $9.5 million. Assume the profit margin is 9 percent. a. What is the company's net income? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, 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 to 2 decimal places, e.g., 32.16.) c. What is the company's ROE? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)Easter Egg and Poultry Company has $1,760,000 in assets and $608,000 of debt. It reports net income of $100,000. a. What is the firm’s return on assets? (Enter your answer as a percent rounded to 2 decimal places.) b. What is its return on stockholders’ equity? (Enter your answer as a percent rounded to 2 decimal places.) c. If the firm has an asset turnover ratio of 3.5 times, what is the profit margin (return on sales)? (Enter your answer as a percent rounded to 2 decimal places.)Matbach Industries has $930,000 in current assets and $470,000 in fixed assets less $180,000 in accumulated depreciation. The firm’s current liabilities total $370,000, and the long-term liabilities $115,000. (a) What is the firm’s equity? (b) If the firm’s stock and capital surplus total $305,000, what is the value for retained earnings?
- Lawn Care, Inc., has sales of $367,400, costs of $183,600, depreciation of $48,600, interest of $39,200, and a tax rate of 30 percent. The firm has total assets of $422,100, long-term debt of $102,000, net fixed assets of $264,500, and net working capital of $25,000. What is the return on equity? A. 39.96% B. 35.84% C. 39.86% D. 34.85%Sidewinder, Inc., has sales of $634,000, costs of $328,000, depreciation expense of $73,000, interest expense of $38,000, and a tax rate of 21 percent. What is the net income for this firm? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)Mason Storm Inc. has a profit margin of 16% based on revenues of $400,000 and an investment turnover is 2. What is the residual income when the cost of capital is 10%?
- Blaser Corporation had $1,017,000 in invested assets, sales of $1,284,000, operating income amounting to $220,000 , and a desired minimum return on investment of 15%. The return on investment for Blaser Corporation is Round the percentage to one decimal place. a.17.1% b.13.7% c.26.0% d.21.6%Precious metal mining has $17 million in sales, its ROE is 17%, and its total assets turnover is 3.2X. Common equity on the firm’s balance sheet is 50% of its total assets. What is its net income? (Answer this problem without scaling - i.e. do not answer in millions so that 1,252,340 would be entered as 1,252,340, and use "17,000,000" for 17 million in calculations)Denver, Incorporated, has sales of $13 million, total assets of $11 million, and total debt of $6.4 million. Assume the profit margin is 6 percent. a. What is the company's net income? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, 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 to 2 decimal places, e.g., 32.16.) c. What is the company's ROE? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Net income b. ROA % c. ROE %