Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 1.7. Its sales are $90 million and it has total assets of $40 million. What is its return on equity (ROE)? Do not round intermediate calculations. Round your answer to two decimal places

Q: A firm has a profit margin of 7% and an equity multiplier of 1.3. Its sales are $130 million, and it…

A: DuPont equation can be used to find the ROE (return n equity). This equation requires profit margin,…

Q: Denver, Incorporated, has sales of $24 million, total assets of $21.6 million, and total debt of…

A: Solution:- Net income means the net profit earned by a firm on its sales. So, net income = Sales x…

Q: Selzer Inc. sells all its merchandise on credit. It has a profit margin of 4 percent, days sales…

A: The return on equity(ROE) measures the financial performance of the company. It measures the…

Q: The Dog House has net income of $3,450 and total equity of $8,600. The debt-equity ratio is .60 and…

A: Return on asset = Return on equity/(1+Debt equity ratio)  Return on equity = Net Income/Total equity…

Q: ​Bryley, Inc. earned a net profit margin of 5.5 percent last year and had an equity multiplier of…

A: The return on equity can be calculated as per the Dupont equation

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: Y3K, Incorporated, has sales of $6,269, total assets of $2,885, and a debt-equity ratio of 1.80. If…

A: Select financials information have been given. Return on equity (ROE) is known. We have to establish…

Q: ham Pharmaceuticals has a profit margin of 5.5% and an equity multiplier of 2.3. Its sales are $100…

A: Return on Equity(ROE): ROE measures the profitability of a business in relation to equity. It is a…

Q: Y3K, Ic., has sales of $6,329, total assets of $2,945, and a debt-equity ratio of 1.40. If its…

A: A firm finances its business operations by using different sources of finance such as debt and…

Q: Henderson's Hardware has an ROA of 15%, a 5% profit margin, and an ROE of 23%. What is its total…

A: The term return on assets is the measure of returns that are generated using the total assets of the…

Q: Gilmore, Inc., had equity of $175,000 at the beginning of the year. At the end of the year, the…

A: a) Sustainable growth rate is the rate at which the business would grow. It is calculated by…

Q: Lilly Inc has a DSO of 20 days, and its annual sales are $3,550,000. What is its accounts receivable…

A: (Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: Jack Corp. has a profit margin of 3.5 percent, total asset turnover of 2.9, and ROE of 18.58…

A: Given information : Profit margin       0.035 Total asset turnover 2.9 Return on equity…

Q: A firm has a profit margin of 5.5% and an equity multiplier of 3.0. Its sales are $140 million, and…

A: Profit margin = 5.5%Equity multiplier = 3.0Sales = $140 millionTotal assets = $84 million

Q: Wims, Inc., has sales of $18.3 million, total assets of $13.3 million and total debt of $4.1…

A: Solution:- Net income means the amount the company is earning its profits ie. Revenues – total…

Q: Face Mask Company has a Total Sales of P100,000,000. Its total assets is 50,000,000 and a profit…

A: The mathematical equation:

Q: Use the information provided below to answer the question. The ratios are for last year, for ABC Inc…

A: Return on Equity=Net incomeShareholders equity

Q: General Electric has a ROA of 11%, a 3.5% profit margin, and a ROE of 14.5%. What is its total…

A: Given: ROA = 11% Profit margin = 3.5% ROE = 14.5%

Q: A firm has sales of $800, total assets of $500, and a debt/equity ratio of 1.5. If its return on…

A: We have: Sales: $800Total Assets: $500Debt/Equity Ratio: 1.5Return On Equity (RoE) =0.18

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: Using the data in the following table for a number of firms in the same industry, do the following:…

A: Answer 1: Total Asset Turnover =Total SalesNet Assets Net Profit Margin = Net Income After taxNet…

Q: A firm has a profit margin of 2% and an equity multiplier of 2.0. Its sales are $100 million, and it…

A: Hence, Total asset turnover is 2. It is obtained by dividing sales of the firm with the total…

Q: If Rooters, Inc., has an equity multiplier of 1.90, total asset turnover of 1.20, and a profit…

A: The provided information are: Equity multiplier =1.90 Profit margin = 8% Total asset turnover =…

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

A: Profit Margin = Net Profit/Sales So Net Profit = Sales * Profit Margin    ROE = Net Profit/Equity So…

Q: Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are…

A: The relationship between net income and total equity of the company states by return on equity…

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

A: Given information : Sales 419000 Cost of goods sold 111000 Operating expenses 126000 The…

Q: Denver, Incorporated, has sales of $27 million, total assets of $24.9 million, and total debt of…

A: Net Income refers to the accounting profit amount which a company has left out with after making…

Q: If Roten Rooters, Inc., has an equity multiplier of 1.54, total asset turnover of 1.80, and a profit…

A: ROE gives a metric to evaluate investment returns. It measures the profitability of business in…

Q: The Inside Door has total debt of $208,600, total equity of $343,560, and a return on equity of…

A: Return on assets is determined to know the quantum of benefits an entity can receive by using its…

Q: Y3K, Inc., has sales of $3,300, total assets of $1,520, and a debt-equity ratio of 1.35. If its…

A: Sales = 3300 Total Assets = 1520 Debt Equity Ratio = 1.35 Return on Equity = 14% Net Income = ?…

Q: Needham Pharmaceuticals has a profit margin of 3.5% and an equity multiplier of 1.5. Its sales are…

A: Profit margin = 3.50% Equity multiplier = 1.50 Sales= $100 Total assets = $60 million

Q: enver, Incorporated, has sales of $13 million, total assets of $11 million, and total debt of $6.4…

A: The following equations need to  be used to calculate net income,Return on Assets(ROA) and Return on…

Q: Ethelbert Inc. has sales of $5,366, total assets of $3,195, and a debt–equity ratio of 1.90. If its…

A: Operations and events involved in marketing and selling products or services” are included in sales.

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: Martin Tucker Enterprises has total common equity of $645,500, sales of $1.15 million, and a profit…

A: The formula used is shown:

Q: If Roten Rooters, Inc., has an equity multiplier of 1.27, total asset turnover of 2.10, and a profit…

A: Calculate the return on equity (ROE) as follows:

Q: Y3K, Incorporated, has sales of $6,389, total assets of $3,005, and a debt-equity ratio of 1.60. If…

A: Information Provided: Sales = $6,389 Total assets = $3,005 Debt-equity ratio = 1.60 Return on…

Q: For fiscal year 2015, Costco Wholesale Corporation (COST) had a net profit margin of 2.05%, asset…

A: Here, Net Profit Margin is 2.05% Asset Turnover Ratio is 3.48 Equity Multiplier is 3.15

Q: If Turnpoint Inc. has net income of $400,000, assets of $5,000,000, sales of $2,000,000, and debt of…

A: Information Provided: Net Income = $400,000 Assets = $5,000,000 Sales = $2,000,000 Debt = $2,000,000

Q: Ladders, Inc. has a net profit margin of 5.2% on sales of $50.6 million. It has book value of equity…

A: The rate of the return on assets is the percentage rate which provides the percentage of the…

Q: Jones Soda estimates that its required return on equity is 11.0 percent and the yield to maturity on…

A: after tax cost of debt = before tax cost of debt * (1-taxrate)

Q: Ace Industries has current assets equal to $4 million. The company's current ratio is 2.0, and its…

A: Formula: Current ratio = Current Assets / Current liabilities. Quick ratio = ( Current Assets -…

Q: Bowsman Fried Chicken Company has a debt-equity ratio of 0.80. Return on assets is 7.9%, and total…

A: Given the following information: Debt-equity ratio: 0.80 Return on assets: 7.9% Total equity:…

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: Draiman Company has a debt-equity ratio of 0.75. Return on assets is 10.4 percent, and total equity…

A: The equity multiplier is an indicator of risk that computes the portion of total assets that is…