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Precious Metal Mining has $16 million in sales, its ROE is 16%, and its total assets...
Precious Metal Mining has $16 million in sales, its ROE is 16%, and its total assets turnover is 4×. Common equity on the firm’s balance sheet is 80% of its total assets. What is its net income? Do not round intermediate calculations. Round your answer to the nearest cent.
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jeff jeffy answered 2 years agoRelated Solutions
Precious Metal Mining has $12 million in sales, its ROE is 16%, and its total assets turnover is 4×.
Precious Metal Mining has $12 million in sales, its ROE is 16%,
and its total assets turnover is 4×. Common equity on the firm’s
balance sheet is 80% of its total assets. What is its net income?
Do not round intermediate calculations. Round your answer to the
nearest cent.
Precious Metal Mining has $18 million in sales, its ROE is 13%,and its total assets...
Precious Metal Mining has $18 million in sales, its ROE is 13%,
and its total assets turnover is 3.2x. Common equity on the firm’s
balance sheet is 65% of its total assets. What is its net income?
Write out your answer completely. For example, 5 million should be
entered as 5,000,000. Do not round intermediate calculations. Round
your answer to the nearest cent.
In 2016, the Allen Corporation had sales of $60 million, total assets of $50 million, and total liabilities of $16 million.
In 2016, the Allen Corporation had sales of $60 million, total
assets of $50 million, and total liabilities of $16 million. The
interest rate on the company's debt is 5.7%, and it's tax rate is
35%. The operating profit margin is 13%.Please answer: a. Compute the firm's 2016 net operating income and net
income.b. Calculate the firm's operating return on assets and return
on equity. (Hint: You can assume that interest must be paid on all
of the firm's liabilities.)
2. The Burger Hut has sales of $29 million, total assets of $43 million, and total...
2. The Burger Hut has sales of $29 million, total assets of $43
million, and total debt of $13 million. The profit margin is 11
percent. What is the return on equity?
3. Gladstone Pavers has a long-term debt ratio of 0.6 and a
current ratio of 1.3. Current liabilities are $700, sales are
$4,440, the profit margin is 9.5 percent, and the return on equity
is 19.5 percent. How much does the firm have in net fixed
assets?
4....
2. The Burger Hut has sales of $29 million, total assets of $43 million, and total...
2. The Burger Hut has sales of $29 million, total assets of $43
million, and total debt of $13 million. The profit margin is 11
percent. What is the return on equity?
3. Gladstone Pavers has a long-term debt ratio of 0.6 and a
current ratio of 1.3. Current liabilities are $700, sales are
$4,440, the profit margin is 9.5 percent, and the return on equity
is 19.5 percent. How much does the firm have in net fixed
assets?
Smith, Inc., has sales of $17.2 million, total assets of $16.1 million, and total debt of $7.5 million.
Smith, Inc., has sales of $17.2 million,
total assets of $16.1 million, and total debt of $7.5 million. If
the profit margin is 5%, what is net income? ROA? ROE? (10
Points)(Use Excel and Excel Formulas)
Sales/Total assets = 4.5× Return on assets (ROA) = 10.0% Return on equity (ROE) = 50.0%...
Sales/Total assets = 4.5×
Return on assets (ROA) = 10.0%
Return on equity (ROE) = 50.0%
Book Value of Stockholders’ equity = $30
Price/Earnings ratio = 6.0x
Common shares outstanding = 50
Market/Book ratio = 3.0x
A. Calculate the price of a share of the company’s common
stock.
B. Calculate debt-to-assets ratio assuming the firm uses only
debt and common equity.
C. What were sales last year?
D. What is the company’s market value?
A firm has a profit margin of 2% and an equity multiplier of 2.9. Its sales are $200 million, and it has total assets of $120 million.
4. A firm has a profit margin of 2% and an equity multiplier of 2.9. Its sales are $200 million, and it has total assets of $120 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places.
a firm has total assets of 25 million TL. Its current assets is 10 million TL...
a firm has total assets of 25 million TL. Its current
assets is 10 million TL and fixed assets (machinery, real estate
etc) is 15 million TL. This firm’s financial leverage is %45. Firm
has 1 500 000 total outstanding shares with 900 000 shares trading
at the stock market and one share sells 10 TL in the stock market.
What is the firm’s Price/Book ratio( PD/DD)? Calculate the expected
stock price and market cap if the average Price/Book ratio...
Wood Recovery has sales of $397,000, total assets of $225,000, and total debt of $101,700 million.
Wood Recovery has sales of $397,000, total assets of $225,000, and total debt of $101,700 million. The net profit margin is 6.2 percent. What is the return on equity? Multiple Choice19.96%5.99%32.20%1.32%
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