Last year Vaughn Corp. had sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000. The firm's total-debt-to-total-assets ratio was 72.5%. Based on the DuPont equation, what was Vaughn's ROE? Select the correct answer.   a. 31.11%     b. 30.88%     c. 30.19%     d. 30.42%     e. 30.65%

Q: The Paulson Company’s year-end balance sheet is shown below. Its cost of commonequity is 14%, its…

A: cost of common equity = 14.00% before tax cost of debt = 10% Tax rate = 40% Total debt = $1167…

Q: Last year, Thomas Co. had a profit margin of 10%, total assets turnover of 0.5, and a debt ratio of…

A: Given: Last year data -  Profit margin =10%  ----------------------(Eq I) Total Asset Turnover =…

Q: The Paulson Company's year-end balance sheet is shown below. Its cost of common equity is 17%, its…

A: WACC (weighted average cost of capital) refers to the average cost that is paid by a company to…

Q: Accutune Audio reported the following amounts in its December 31, 2013, and 2012 financial…

A: Ratio analysis means where different ratio of various years of years companies has been compared and…

Q: The most recent financial statements for Bello Co. are shown here:     Income Statement Balance…

A: Sustainable growth rate is the maximum rate at which the company can grow without borrowing or…

Q: Bostian, Inc. has total assets of $520,000. Its total debt outstanding is $185,000. The Board of…

A: Debt-to- asset ratio is the percentage of the debt with respect of total asset   Debt-to-assets…

Q: The most recent financial statements for Cardinal, Incorporated, are shown here: Balance Sheet $…

A: The current costs/sales ratio, dividend payment ratio, and assets/sales ratio can be used to…

Q: Suppose that for 2010 Aquarius company's current assets totaled $60,000; total assets totaled…

A: Solution:- Introduction:- Debt to equity ratio is a financial ratio that measures the company's…

Q: Toyto Corp. has net working capital of $1,370, current liabilities of $3,720 and inventory of…

A: Net Working Capital: Cash, accounts receivable/customers' unpaid bills, and inventories of raw…

Q: Last year Vaughn Corp. had sales of $310,000 and a net income of $17,574, and its year-end assets…

A: Du Pont equation  ROE=NET PROFIT MARGIN X ASSETS TURNOVER RATIO X EQUITY MULTIPLIER

Q: The most recent financial statements for Tran Company are shown here: Income Statement Sales Costs $…

A: The sustainable growth rate (SGR) is the highest rate at which a company's earnings may expand…

Q: he most recent financial statements for Bello Co. are shown here:     Income Statement Balance…

A: Given: Dividend payout ratio is 28%. The table is:   Income statement Balance Sheet   Sales…

Q: he Duval Corporation has recently reported the following information: Net income…

A: Formulas:

Q: Tibbs Inc. had the following data for the year ending 12/31/12: Net income = $400; Net operating…

A: ROIC is calculated by dividing NOPAT by the total net operating capital.

Q: The most recent financial statements for Bello Co. are shown here:   Income Statement   Balance…

A: Sustainable growth rate is the growth rate which shows the maximum growth of the company without…

Q: At the beginning of the year, Norwood Pass Industries had $240,000 in total assets and a…

A: The debt-to-asset ratio is calculated by dividing the total debts by the total assets. This ratio…

Q: The Paulson Company’s year-end balance sheet is shown below. Its cost of common equity is 14%, its…

A: Weighted average cost of capital is the average rate at which company procures all the funds from…

Q: Last year K. Billingsworth & Co. had earnings per shareof $4 and dividends per share of $2.…

A: The calculation is shown: Hence, debt to total capital is 33.33%.

Q: A firm generated $697,000 in Sales Revenue, on which it earned Net Income of $139,400. The firm…

A: In sustainable growth rate assumption, the firm will not change its debt equity relationship. We…

Q: The Rossdale Company has a ratio of long-term debt to long-term debt plus equity of .34 and a…

A: We need to use DuPont equation to solve this problem ROE (DuPont formula) = Net profit margin *…

Q: Lamar , Inc. has sales of $8500, total assets of $2500, and a debt to equity ratio of 0.8, if its…

A: Net income refers to the income or amount which is earned by the enterprise by rendering services or…

Q: Bulldogs Inc. is funded by both debt and equity and has a total liabilities to total asset ratio of…

A: Retained Earnings Breakpoint  = Retained Earnings ÷ Weight of equity    •Weight of equity =…

Q: Las year Justine Corp. had sales of P315,000 and a net income of P17,382, and its year-end assets…

A: First we will figure the obligation according to underneath:   Obligation to add up to resource…

Q: National Co. had P24,000,000 in sales last year. The company's net income was P500,000, its total…

A: The ratio analysis helps to analyse the financial statements of the business with assets and…

Q: The Brenmar Sales Company had a gross profit margin​ (gross profits÷​sales) of 34 percent and…

A: Average collection period is period required to receive all accounts receivable that means money…

Q: The most recent financial statements for Assouad, Inc., are shown here:     Income Statement…

A: External financing needed is the amount of additional funds required by the company to support the…

Q: Last year the P.M. Postem corporation had sales of $419,000, with a cost of goods sold of $111,000.…

A: Income statement is the financial statement of the company that shows the revenue and expenditures…

Q: Bostian, Inc. has total assets of $665,000. Its total debt outstanding is $185,000. The Board of…

A: A ratio that represents the proportion of the asset is financed by the fund that is raised by using…

Q: The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet…

A: Sustainable growth rate The sustainable growth rate is that rate that involves maximizing revenue…

Q: 1. ABC Had sales of P12,000,000 of which all were on credit. Its operations resulted to a gross…

A: Gross profit = Credit Sales × Gross profit ratio=P 12,000,000 × 60%=P 7,200,000 Cost of goods sold…

Q: Easter Egg and Poultry Company has $1,760,000 in assets and $608,000 of debt. It reports net income…

A: The profit margin on sales is the ratio of net income to sales. The profit margin on sales is…

Q: Oregon Office Supply had 24,000,000 in sales last year. The company’s net income was 400,000, its…

A: SALE 24,000,000 NET INCOME 400,000 TOTAL ASSETS TURNOVER  6.0 ROE 15% DEBT RATIO   ?

Q: The most recent financial statements for Mixton, Incorporated, are shown here: Income Statement…

A: Net Income: It is the sum of revenue that is left in the business after paying off all the costs of…

Q: At last year’s end, total assets for Roberts Inc. were $1.2 million and accounts payable were…

A: At last year’s end, total assets for Roberts Inc. were $1.2 million and accounts payable were…

Q: Green Penguin Pencil Company has a total asset turnover ratio of 6.00x, net annual sales of $25…

A: Debt ratio indicates extent of leverage. The debt ratio is defined as the ratio of total debt to…

Q: The most recent financial statements for Martin, Inc., are shown here: Income Statement Sales…

A: Given: Particulars Amount Sales $18,000.00 COGS $10,800.00 Taxable income $7,200.00 Taxes…

Q: Boots and Shoes inc has sales of $7525, total assets of $3215 and a debt equity ratio of 1.30. If…

A: Sales = $7525 Total assets = $3215 Debt to equity ratio = 1.30 Equity to asset ratio  = 1/(1+Debt to…

Q: Last year Gray Corp. had net sales of $325,000 and a net income of $19,000, and its year-end assets…

A: Given, Sales = $325,000 Assets = $250,000 Net Income = $19,000 Debt-to-total-capital ratio = 45%

Q: The most recent financial statements for Bello Company are shown here: Income Statement Balance…

A: A rate that provides information about the growth of a company that can be achieved without using…

Q: The most recent financial statements for live co. Are shown here: income statement: sales $3,000,…

A: Calculation of internal growth rate: Answer: Internal growth rate is 5.15%

Q: The most recent financial statements for Minnie's Manufacturing Co. are shown below: Income…

A: Internal Growth Rate: A company's internal growth rate (IGR) is the greatest amount of growth that…

Q: The total assets of Blue Co. is funded by both debt and equity with a debt to equity ratio of 100%.…

A: Here discuss about the details of to find out the additional amount which are added into the…

Q: Last year, ABC Inc. had sales of $375,000 and a net income of $25,000, and it had total assets of…

A: Given: Sales = $375,000 Net income = $25,000 Total assets = $350,00 Debt-to-equity (D/E) ratio =…