The following information pertains to Travis Concrete: Sales revenue $ 2,100,000 Gross margin 720,000 Income 102,000 Invested capital 570,000 The company's imputed interest rate is 10%. The sales margin is:
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- The following information pertains to Travis Concrete: Sales revenue $2,000,000 Gross margin 700,000 100,000 550,000 Income Invested capital The company's imputed interest rate is 8%. The capital turnover is: Multiple Choice 27.50. 3.64. 20.00.Chutes & Co. has interest expense of $1.84 million and an operating margin of 10.8% on total sales of $30.8 million. What is Chutes' interest coverage ratio? The interest coverage ratio is _____ times.Assume that the net profit margin = 9%, assets are 95 cents for every dollar of sales, and equity is 86 percent of assets. According to the DuPont system of financial ratio analysis, the ROE would be approximately O A. 8% O B. 10% O c. 9% O D. 11%
- Use the information below provided by Angel Baby Angel Company: Sales 8,250,000.00 Operating costs 4,725,000.00 Operating income 3,525,000.00 Interest expense 1,750,000.00 Earnings before taxes 1,775,000.00 Taxes (40%) 621,250.00 Net income 1,153,750.00 WACC = 8%, Total invested capital 24,875,000. Calculate the EVA. (2 decimal places)Suppose that X company has a total sales of $340,000. And a net income after tax of $47,600. Calculate the operating margin if you knew that the income tax rate is 30% and the interest rate is 15% A) 25.00% B) 35.30% C) 31.30% D) 23.50%Barrera Corporation provides the following financial information: Minimum acceptable operating income $556,600 Average total assets $2,000,000 Operating income $708,000 Return on investment 35.4% Net sales $800,000 Calculate the target rate of return. (Round your answer to two decimal places.) A. 69.58% B. 88.50% C. 27.83% D. 35.40%
- Chutes & Co. has interest expense of $1.69 million and an operating margin of 10.7% on total sales of $29.8 million. What is Chutes' interest coverage ratio? The interest coverage ratio is _____ times. (Round to one decimal place.)Question:1 Rafi Company has the following data: Total Asset/ Sales 1.5 Times ROA 3% ROE 5% Calculate the net profit margin and debt ratio. Question: 2 Raihan Company has the following data: $500,000 debt 10% interest annually $2 million sales 30% tax rate 5% net profit margin on sales Calculate the TIE ratio.Keller Cosmetics maintains an operating profit margin of 8.15% and a sales-to-assets ratio of 3.20. It has assets of $530,000 and equity of $330,000. Assume that interest payments are $33,000 and the tax rate is 30%. a. What is the return on assets? b. What is the return on equity? Note: For all requirement, enter your answers as a percent rounded to 2 decimal places. a. Return on assets b. Return on equity % %
- Chutes & Co. has interest expense of $1.05 million and an operating margin of 11.9% on total sales of $29.99 million. What is Chutes' interest coverage ratio? Chutes' interest coverage ratio is times. (Round to two decimal places.)The Amer Company has the following characteristics: Sales 1,000 Total assets 1,000 Total debt/Total assets 35.00% Basic earning power (BEP) ratio 20.00% Tax rate 40.00% Interest rate on total debt 4,57% What is Amer's ROE? archREQUIRED Calculate the working capital cycle of Provalis Limited. INFORMATION The following financial information is provided by Provalis Limited R Sales (all credit) 8 000 000 Cost of Sales 5 600 000 Purchases (60% on credit) 7 000 000 Accounts Receivable 1 800 000 Accounts Payable 1 200 000 Inventory 900 000