(DuPont analysis) Triangular Chemicals has total assets of $103 million, a return on equity of 41 percent, a net profit margin of 5.2 percent, and an equity multiplier of 2.76. How much are the firm's sales? The company's total sales are $ million. (Round to one decimal place.)

(DuPont analysis) Triangular Chemicals has total assets of $103 million, a return on equity of 41 percent, a net profit margin of 5.2 percent, and an equity multiplier of 2.76. How much are the firm's sales? The company's total sales are $ million. (Round to one decimal place.)

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 5P: Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are...

See similar textbooks

Related questions

Q: You are looking at two investment options, A and B. Investment A is a 15-year annuity that needs an…

A: Here, To Find: Part A. Future value of Investment A and the present value of investment B =? Part…

Q: You are investing $500 per month in an account where you expect a long term growth rate of 6%…

A: The concept of TVM states that money today is worth more than the same amount in the future because…

Q: For each of the following, compute the future value: (Do not round intermediate calculations and…

A: Future Value - It is the value of a particular security at a specific date, which includes the…

Q: 1. A company plans to invest in one of two machines, machine A and Machine B. Machine A costs 80000…

A: Payback period method is one of the easiest capital budgeting technique which helps in understanding…

Q: Question 4.11 (i) David can receive one of the following two payment streams: 100 at time 0, 200 at…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: You are to consider the following projects. Which project would you approve if each project creates…

A: If NPV of project is positive, Project must be accepted. If NPV of project is negative, Project must…

Q: You have been managing a $5 million portfolio that has a beta of 1.05 and a required rate of return…

A: Data given: For $5 million portfolio: Beta = 1.05 Required rate of return = 6.675% Current risk-free…

Q: Let's look at what a financial manager does and what are the goals of the corporation business…

A: Financial Management: The business function known as financial management is responsible for…

Q: Find the nominal rate, which if converted semi-quarterly could be used instead of 12% compounded…

A: Given, The rate of 12% compounded semiannually.

Q: 3-12 What sum of money now is equivalent to $8250 two year later a) if interest is 4 % per 6 month…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: At 5.6 percent interest, how long does it take to double your money? (Do not round intermediate…

A: In the above question we are given: Rate of interest=5.6% We have to calculate how much time it…

Q: The operations manager of a current transport company to change the most modern system on the…

A: Equivalent annual cost The cost incurred in the process of purchasing, operating, and maintaining an…

Q: Suppose a recent college graduate's first job allows her to deposit $250 at the end of each month in…

A: We have a question that involves the application of time value of money concept, sequentially. We…

Q: Explain how exchange rates can affect a firm’s global sales.?

A: The exchange rates can be defined as one country’s currency’s price in terms of the price of another…

Q: Find the nominal rate, which if converted semi-quarterly could be used instead of 12% compounded…

A: Given, The rate is 12% compounded semi annually

Q: Louie's Leisure Products is considering a 4-year project which will require the purchase of $1.2…

A: Cost of new equipment $ 12,00,000.00 Land Value $ 10,00,000.00 Time Period 4 Salvage…

Q: 8.________ measures the return earned on the common stockholders' investment in the firm.

A: Ratio Analysis: Ratio analysis is used by users of financial statements to compare the performance…

Q: please no copy paste no plagiarism when benefit is constant, how to manipulate the cost to have…

A: Net present value is the difference between the present value of cash flow and initial investment…

Q: Required: Find the after-tax return to a corporation that buys a share of preferred stock at $40,…

A: After tax return is calculated as follows:After tax return = After tax dividend income+After tax…

Q: A factory costs $810,000. You reckon that it will produce an inflow after operating costs of…

A: Initial cost (I) = $810,000 Annual net cash inflow (C) = $171,000 Period (n) = 11 years Cost of…

Q: annuity that pays $800 each year? If this was an annuity due, what would its future value be?

A: Annuity due is annuity that pay the payment in beginning of period but ordinary annuity payments are…

Q: Mobius, Incorporated, has a total debt ratio of .32. a. What is its debt-equity ratio? (Do not round…

A: We know, Total Debt Ratio = Total Debt/ Total Assets Total Equity Ratio = Total Equity/ Total…

Q: Refer back to the points you plotted on the previous graph. The line showing the relationship…

A: KINDLY REFER THE BELOW DATA FOR THE CHART YIELD PRICE -2 1005 0 1000 2 995 4 990 5.2…

Q: If $7,000 had been invested in a certain investment fund on September 30, 2008, it would have been…

A: Invested Amount = $7,000 Investment Date = September 30, 2008 Maturity Date = September 30, 2018…

Q: Ministry of General Education

A: Answer:- presentation:-step:1 The level of their schooling will decide if India's segment…

Q: For each account on this company’s balance sheet, show the change in the account during 2021 and…

A: Use & Source of Cash: The use of cash represents the decline in current liabilities, the…

Q: Free Inc. has after tax operating income of $100 million. It is depreciation is $20million. The…

A: After ta Operating income of $100million Depriciation is $20million Capital expenditure is…

Q: You are looking to buy a car that costs $15,000. Your bank has told you that they will give a five…

A: Present value of monthly payments on the loan discounted at the annual percentage rate compounded…

Q: Activity 2 XYZ Co. Ltd is considering investing in a bond currently selling for $8,800. The coupon…

A: Face value or maturity value (M) = $10,000 Current selling price (P0) = $8,800 Annual coupon amount…

Q: AVC firm is willing to invest $40 million in a startup, which is expected to generate $150 million…

A: To Find: % of Ownership in startup

Q: Jack asked Jill to marry him, and she has accepted under one condition: Jack must buy her a new…

A: Initial amount (I) = $57,940 Future amount required (FV) = $340,000 Annual return (r) = 0.045 or…

Q: S. Robert, age 55, is Vice-President, Sales at Alton Inc. During his last vacation in Costa Rica, he…

A: Insurance refers to a contract between the insurer and the insurance company for providing…

Q: You are given the following information for Ortiz Corporation: Decrease in inventory $ 610…

A: Given: Particulars Amount Decrease in inventory $610 Decrease in accounts payable $255…

Q: On her recent birthday, April 22, 2001, Nicole was given by her mother a certain sum of money as…

A: In the above question we are given Rate as 20% And maturity amount which means the future value as…

Q: The table below shows standard deviations and correlation coefficients for seven stocks from…

A: Given: BHP Billiton Siemens Nestlé LVMH Toronto Dominion Bank Samsung BP BHP Billiton 1 0.28…

Q: Please show work and explain answer 9. A firm with sales of $1,000,000, net profits after taxes of…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: what are interest rates? What do they have to do with the amount of credit provided to businesses…

A: The interest rates regulate the flow of money in a country's economy by controlling the total amount…

Q: Lancaster Lumber buys $8 million of materials (net of discounts) on terms of 3/5, net 55, and it…

A: Cost of purchase material = $8,000,000 Total period = 55 days Discount period = 5 days Number of…

Q: Selected current year-end financial statements of Cabot Corporation follow. (All sales were on…

A: Hi There, thanks for posting the question. But as per Q&A guidelines, we must answer the first…

Q: The 2020 balance sheet of Dugan, Incorporated, showed current assets of $3,160 and current…

A: Given, The current assets of 2020 are $3160 The current liabilities of 2020 are $1560 The current…

Q: Calculate the discount factor you would use to find the present value of an amount of money you will…

A: Interest rate (r) = 0.03 or 3% Period (n) = 8 Years Discount factor = ? Discount factor is a…

Q: Scenario 2 1.05 2.97 2.46 150,000 180,000 80,000 Sc 1.3 3.0 2.0 41 30 3C

A: we will solve this question using the solver option in excel. here we will add the maximizing…

Q: Problem 10. You have loaned Mr. Brown $1,000 on the condition that he repay you in ten equal annual…

A: Loan value= $1000 Interest rate = 4% Number of years = 10 Annual monthly payment = Loan…

Q: Consider a bond that has a face value of $1,000. The bond has a maturity of 25 years and pays…

A: Face value and maturity value of the bond (Z) = $1,000 Semiannual coupon amount (C) = $27.50 (i.e.…

Q: The market value of the equity of Nina, Incorporated, is $594,000. The balance sheet shows $33,000…

A: Enterprise value (EV) is also known as firm value. Essentially it is a measure of a company’s total…

Q: Faisal has insured his vehicle with AXA insurance company. Throughout the year he experiences a loss…

A: Vehicle insurance protects drivers and passengers in automobiles, trucks, motorcycles, and other…

Q: what are some risks of investing in investing in SAAS startups

A: SaaS stands for Software as a service. Saas delivers application over the internet i.e., user do not…

Q: What amount could be withdrawn at t=10? b. What uniform annual series deposits (n=10) would result…

A: An annuity is a set of periodic payments that occur for a predetermined time. The future value of an…

Q: If P5,000 shall accumulate for 10 years at 4% compounded quarterly, find the compounded interest at…

A: To find the compounded interest at the end of 10 years we will use future value from excel and then…

Q: Suppose an individual makes an initial investment of $2,600 in an account that earns 7.8%,…

A: The time value of money refers to the concept that states that the money present today is more…

Question

K
(DuPont analysis) Triangular Chemicals has total assets of $103 million, a return on equity of 41 percent, a net profit
margin of 5.2 percent, and an equity multiplier of 2.76. How much are the firm's sales?
The company's total sales are $
million. (Round to one decimal place.)

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.

Similar questions

Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $100 million, and it has total assets of $50 million. What is its ROE?
Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the dividends paid to common stockholders for last year were 2,600,000 and that the market price per share of common stock is 51.50. Required: 1. Compute the dividends per share. 2. Compute the dividend yield. (Note: Round to two decimal places.) 3. Compute the dividend payout ratio. (Note: Round to two decimal places.)
Macon Mills is a division of Bolin Products. Inc. During the most recent year, Macon had a net income of $40 million. Included in the income was interest expense of $2,800,000. The companys tax rate was 40%. Total assets were $470 million, current liabilities were $104,000,000, and $72,000,000 of the current liabilities are noninterest bearing. What are the invested capital and ROI for Macon?
Five measures of solvency or profitability The balance sheet for Garcon Inc. at the end of the current fiscal year indicated the following: Income before income tax was 3,000,000, and income taxes were 1,200,000 for the current year. Cash dividends paid on common stock during the current year totaled 1,200,000. The common stock was selling for 32 per share at the end of the year. Determine each of the following: (a) times interest earned ratio, (b) earnings per share on common stock, (c) price-earnings ratio, (d) dividends per share of common stock, and (e) dividend yield. Round ratios and percentages to one decimal place, except for per-share amounts.
Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital expenditures of $112,900, cash dividends of $35,800, and average maturities of long-term debt over the next 5 years of $122,300. What is Chasses free cash flow and cash flow adequacy ratio? a. $94,300 and 0.77, respectively c. $130,100 and 1.06, respectively b. $94,300 and 0.82, respectively d. $165,900 and 1.36, respectively
Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the market price per share for Rebert is 51.50. Required: 1. Compute the dollar amount of preferred dividends. 2. Compute the number of common shares. 3. Compute earnings per share. (Note: Round to two decimals.) 4. Compute the price-earnings ratio. (Note: Round to the nearest whole number.)