The Zone, Inc. has an ROE of 0.10, no debt, and a Total Asset Turnover of 2.8x. What is the Zone's Net Profit Margin?

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 7P: Ace Industries has current assets equal to 3 million. The companys current ratio is 1.5, and its...
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The Zone, Inc. has an ROE of 0.10, no debt, and a Total Asset Turnover of 2.8x. What
is the Zone's Net Profit Margin?
(Answer should be entered to four decimal places; i.e. 0.1350.)
Transcribed Image Text:The Zone, Inc. has an ROE of 0.10, no debt, and a Total Asset Turnover of 2.8x. What is the Zone's Net Profit Margin? (Answer should be entered to four decimal places; i.e. 0.1350.)
Ralph's Donut's Inc. has an Inventory Turnover ratio of 69.50x. What is Ralph's Days'
Sales in Inventory?
(Answer should be entered to two decimal places; i.e. 0.13.)
Transcribed Image Text:Ralph's Donut's Inc. has an Inventory Turnover ratio of 69.50x. What is Ralph's Days' Sales in Inventory? (Answer should be entered to two decimal places; i.e. 0.13.)
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