Lone Star Plastics has the following data: Total Assets: R100,000 ; Net Profit margin: 6.0%; Tax rate: 40% ; Debt ratio: 40.0% of which 30% is interest bearing debt; Interest rate: 8.0% : Total assets turnover: 3.0. Calculate Lone Star's EBIT (Earnings before Interest and Tax).

Q: The Sunflower Corporation reported the following information from their financial statements:…

A: Dollar amount of taxes the firm had to pay to the taxation office is the amount that is applicable…

Q: ENN Corporation has interest expense of P16,000, sales of P600,000, a tax rate of 30%, and after-tax…

A: Times interest earned ratio = Earnings before interest and tax/interest  expense  where, Earnings…

Q: what is the amount of its sales?

A: We know that  Asset Turnover =  Sales/Total assets  Total debt to Total assets ratio = Debt / Total…

Q: AEI Incorporated has $5billion in assets, and its tax rate is 40%. Its basic earning power (BEP)…

A: Assets = $ 5 billion Tax rate (T) = 40% BEP ratio = 11% ROA = 10%

Q: ABC Corporation has a debt/equity ratio of 0.4, total debt of $400,000, sales of $50,000, cost of…

A: The inventory turnover ratio is a measure to determine how many times a company has sold its…

Q: Blossom Systems has total assets of $ 34.050 billion, total debt of $ 8.745 billion, and net sales…

A: 1) Calculation of Net Income $ billion Net Income = Net Sales x Net Profit Margin Net Income =…

Q: The following information are available for Showan Inc: Operating Profit Margin 21%, taxes of 35%,…

A: Operating profit margin ratio = 21% Tax rate = 35% Interest expenses = 120,000 Sales = 3,527,000…

Q: The Amer Company has the following characteristics: Sales 1,000 Total assets 1,000 Total debt/Total…

A: The return on equity (ROE) expresses the ability of the company of generating returns from the…

Q: ADM Pty Ltd has Total Assets of R850 000. Debt ratio for the firm is 80% of which 70% is long term…

A: equity value = (1 - debt ratio)*total assets = (1 - 0.8) * 850,000 = 170,000 net income = asset…

Q: Bolero Corporation has one long term loan (interest bearing debt) of $700,000 at an interest rate of…

A: Given: Particulars Amount Rate Debt $700,000 5.20% Equity $1,000,000 16.00%

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: Suppose Ningbo Steel had sales revenue of $11,000 sales revenue, and a cost of goods sold at $5000,…

A: Net profit after tax = (sale-cogs-operating expenses)×1-tax given, sales= $11,000 COGS= $5000…

Q: Suppose Ningbo Steel has sales revenue of $11,000 sales revenue, cost of goods sold off $5000,…

A: Given information : sales revenue = $11,000 cost of goods sold = $5000 operating expenses = $1000…

Q: Hank's Motor Works has total assets of $698,400, long-term debt of $289,500, total equity of…

A: Given the following information: Total assets: $698,400 Long-term debt: $289,500 Total equity:…

Q: McShane Corporation has sales of $300,000, a gross profit margin of 35%, operating expenses of…

A: The time interest earned ratio is the ratio that provides the ability of the company to pay of its…

Q: What are the annual sales for a firm with $800,000 in debt, a total debt ratio of .06, and an asset…

A: Debt = 800,000 Total Debt ratio= 0.60 Asset turnover ratio =2

Q: DTO, Inc., has sales of $32 million, total assets of $25 million, and total debt of $7 million.…

A: given, sales = $32 million total assets = $25 million total debt = $7 million.

Q: ADM Pty Ltd has Total Assets of R850 000. Debt ratio for the firm is 80% of which 70% is long term…

A: First we need to use debt ratio to calculate total debt   Debt ratio=Total debt/Total assets Now…

Q: Cecil, Inc. has sales of $682,100. Earnings before interest and taxes is equal to 20 percent of…

A: Profit Margin = Net Profit /Sales

Q: Russell Securities has $100 million in total assets and its corporate tax rate is 40 percent.  The…

A: Before we get into the question, let's understand the two ratios involved in the question:1. BEP =…

Q: Your firm has the following income statement items: sales of $50,250,000; income tax of $1,744,000;…

A: Income before tax means net income of the business after considering all operating and non operating…

Q: An enterprise has total assets turnover of 3.5 times and a total debt to total assets ratio of 70%.…

A: Total debt / Total asset = 70% $1,000,000 / Total assets = 70% Total assets = $1,000,000 / 70% Total…

Q: Byrgenwerth Corp has $55,000,000 of assets, and its tax rate is 28%. Its Basic Earning Power (BEP)…

A: A ratio that provides information about the company regarding the capability of payoff its debt…

Q: Borland, Inc., has a profit margin of 6.5 percent on sales of $22,600,000. Assume the firm has debt…

A: Formula: ROA = ( Net profit / Total Assets ) x 100

Q: Keller Cosmetics maintains an operating profit margin of 9.00% and a sales-to-assets ratio of 3.90.…

A: Note: Given situation consists of multiple questions and in this situation, no specified one…

Q: Calculate Zumwalt’s net profit margin and debt ratio. Earth’s Best Company has sales of $200,000, a…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3.Please resubmit the question and…

Q: ABC has net operating assets (NOA) of JPY (¥) 56,000 million. The company’s return on common equity…

A: Operating assets turnover ratio is also known as current asset turnover ratio. It shows the number…

Q: If Baldwin Corporation has $2 million in inventory, $5 million in total current assets, and $1.5…

A: Note: It is a situation where multiple questions have been asked and no question is specified to…

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

A: Du Pont analysis is a technique that is used to decompose the different drivers of the return of…

Q: ADM Pty Ltd has Total Assets of R850 000. Debt ratio for the firm is 80% of which 70% is long term…

A: total debt = 80% of 850,000 = 680,000 equity = 0.2*850,000 = 170,000 long term debt = 0.7 * 680,000…

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

A: Given: Income Statement   Balance Sheet Sales $50,000 Current assets $78,300…

Q: Lone Star Plastics has the following data: Assets - $100,000; Interest rate - 8%; Debt ratio - 40%;…

A: Total asset turnover ratio = Net sales / Total assets 3 times = Net sales / $100,000 Net sales =…

Q: times-interest-earned ratio

A: Times interest earned ratio = Earnings before interest and taxes/Interest expense

Q: Neon Light Company has $1,000,000 in assets and $600,000 of debt. It reports net income of $100,000.…

A: return on sales=incomesales given, asset = $1000,000 debt = $600,000 asset turnover = 3

Q: Calculate Zumwalt’s net profit margin and debt ratio. Earth’s Best Company has sales of $200,000, a…

A: Part 1:With the given values, we can calculate the net profit margin and debt ratio as follows:

Q: Radio Shack has a quick ratio of 0.8, current liabilities of $8.5 billion, and inventories of $5.2…

A: Current Ratio: The current ratio shows the ability of a firm to repay its short-term obligations…

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: Local Co. has sales of $10.2 million and cost of sales of $6.2 million. Its selling, general and…

A: Gross profit margin (GPM) refers to the portion of the company’s goods and services that is…

Q: Borland, Inc., has a profit margin of 6.5 percent on sales of $2,600,000. Assume the firm has debt…

A: Formula:  Return on Assets = Net income / Total Assets

Q: Cecil, Inc. has sales of $682,100. Earnings before interest and taxes is equal to 20 percent of…

A: Profit margin: This ratio indicates the percentage of sales which converted into profit. It is…

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: You are given the following information for Smashville, Inc.   Cost of goods sold: $ 224,000…

A: Given the following information: Cost of goods sold: $224,000 Investment income: $2,400 Net sales:…

Q: Holly Farms has sales of S509,600, costs of $448,150, depreciation expense of $36,100, and interest…

A: Here, Sales is $509,600 Costs is $448,150 Depreciation Expense is $36,100 Interest Paid is $12,400…

Q: ADM Pty Ltd has Total Assets of R850 000. Debt ratio for the firm is 80% of which 70% is long term…

A: Total Assets = 850,000 Debt Ratio = 80% Asset Turnover = 6 Net Profit Margin = 12% Interest Rate =…