CHESTER HAS AN ASSET TURNOVER OF 1.49 (ASSET TURNOVER = SALES/ASSETS). THAT MEANS: A. 1 EVERY $1.49 OF PROFIT IN THE FIRM COMES FROM EACH $1.00 OF SALES. B. EACH $1.00 OF ASSETS IN THE FIRM GENERATES $1.49 OF SALES REVENUE. C. EVERY $1.49 OF ASSETS IN THE FIRM GENERATES $1.00 OF SALES. D. EVERY $1.00 OF ASSETS IN THE FIRM GENERATES $1.49 OF PROFIT.
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- Damietta Furniture Corporation has a net profit margin of 15% and a total asset turnover of 1.7. What is Damietta Furniture's return on total assets (ROA)? Select one: O a. 11.1% O b. 12.3% c. 8.8% O d. 25.5%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%Bulldogs Inc. has a total asset and total sales of P1,500,000 and P4,500,000, respectively. If the net income of the firm is only 4% of the sales revenue, what is the return on asset? A. 1.33% B. 24% C. 4% D. 12%
- Silas 4-Wheeler, Inc. has an ROE of 18.72 percent, equity multiplier of 2.00, and a profit margin of 18.00 percent. What is the total asset turnover and the capital intensity? (Round your answers to 2 decimal places.)Total asset turnover shows. Select one: a.dollar amount investment in assets needed to generate one dollar in sales b.how well the firm's operating earnings can cover current interest obligations c.how much in sales is generated by each dollar of firm assets d.the dollar worth of firm assets each equity dollar has a claim toCalculate the sales margin, asset turnover, and ROA for the companies below: Average Capital Assets Company A B Net Income Sales 350,000 5,500,000 12,000,000 .06 845,000 9,350,000 13,500,000 Sales Margin 1 Asset Turnover 2.9 1.44 Note: Please write the sales Margin and ROI as a percentage or as a decimal rounded to two places behind the decimal point. ROI 6,500,000 4,150,000
- Briggs Company has income from operations of $24,255, invested assets of $99,000, and sales of $346,500. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin fill in the blank 1 % b. Investment turnover fill in the blank 2 c. Return on investment fill in the blank 3 %Using the data in the following table for a number of firms in the same industry, do the following: Firm (in Millions of Dollars) A B C D Sales $15 $10 $15 $30 Net income after tax 1.75 0.50 2.00 1.50 Total assets 6.0 18.0 8.0 15.5 Stockholders' equity 13.0 10.0 6.0 5.0 Compute the total asset turnover, the net profit margin, the equity multiplier, and the return on equity for each firm. Round your answers to two decimal places. A B C D Total Asset Turnover x x x x Net Profit Margin Equity Multiplier x x x x Return on Equity Evaluate each firm’s performance by comparing the firms with one another. Which firm has the lowest total asset turnover value?-Select-Firm AFirm BFirm CFirm DItem 17Which firm has the lowest net profit margin value?-Select-Firm AFirm BFirm CFirm DItem 18Which firm has the lowest equity multiplier value?-Select-Firm AFirm BFirm CFirm DItem 19Which firm has the lowest return on equity value?-Select-Firm…Bustamante Company has income from operations of $24,480, invested assets of $85,000, and sales of $204,000. Use the DuPont formula to compute the return on investment and show (a) the profit margin, (b) the investment turnover, and (c) the return on investment. If required, round your answers to two decimal places. a. Profit margin fill in the blank 1% b. Investment turnover fill in the blank 2 c. Return on investment fill in the blank 3%
- A return on assets of 5.15% means that a company is earning: a.a $5.15 return on every $100 invested in long-term assets. b.a $5.15 return on every $100 of total assets. c.a $5.15 return on every $100 of assets minus liabilities. d.a $5.15 return on every $100 of current assets.Briggs Company has operating income of $45,760, invested assets of $143,000, and sales of $457,600. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin % b. Investment turnover c. Return on investment %Crafty Inc. reported the following financial data. Sales, $180,000; operating expenses $160,000; average operating assets, $150,000; total liabilities, $98,000. The company requires a minimum 12% return on investments. What is the asset turnover ratio? O.133 O.18 O 1.2 O .111