Johnson & Merk, Inc’s 20x4 income statement listed: Sales = $12.5 million, EBIT = $5.6 million,...

Johnson & Merk, Inc’s 20x4 income statement listed:
Sales = $12.5 million,
EBIT = $5.6 million,
Net Income = $3.25 million, and
Common stock dividends = $1.2 million.
The 20x4 year-end balance sheet listed:
Total assets = $52.5 million, and
Common stockholders’ equity = $21 million with 2 million shares outstanding.
(Part 1)What is Johnson & Merk, Inc’s 20x4 Return on Asset (ROA)?
a.12%
b.6%
c.5%
d.9%

Bluetooth, Inc’s 20x4 income statement listed:
Sales = $12.5 million,
EBIT = $5.6 million,
Net Income = $3.25 million, and
Common stock dividends = $1.2 million.
The 20x4 year-end balance sheet listed:
Total assets = $52.5 million, and
Common stockholders’ equity = $21 million with 2 million shares outstanding.
(Part 2)What is Bluetooth, Inc’s 20x4 Return on Equity (ROE)?
a.12.3%
b.16.7%
c.15.4%
d.9.4%

(Part 3)In 2012 Bard, Inc. (BCR) had sales per share of $36.21, net profit margin of 19.1%, and paid $1.39 dividend per share. The Dividend Payout Ratio and Retention Rate are:
a.21% and 86%
b.32% and 74%
c.20% and 80%
d.50% and 50%

Expert Solution

jeff jeffy answered 2 hours ago

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