Figure It Out Corporation has a net profit margin of 8%, a total asset turnover of...

Figure It Out Corporation has a net profit margin of 8%, a total asset turnover of 2 times, total assets of $1 billion, and total equity of $500 million. What were the company’s sales and net profit?

Expert Solution

Asset Turnover = Sales/Total Assets

2=Sales/$1 billion

Sales = $2billion

Net Profit Margin = Profit/Revenue(Sales)

0.08 = Profit/$2billion

Profit = $160 million

jeff jeffy answered 2 years ago

A firm has a net profit margin of 4.5%, a total asset turnover of 0.72, and...

A firm has a net profit margin of 4.5%, a total asset turnover of 0.72, and a financial leverage multiplier of 1.43. 1. Calculate the firm's ROA and ROE. 2. What is the advantage to using the DuPont system to calculate ROE over the direct calculation of earnings available for common stockholders divided by common stock equity?

Assume company X has a net profit margin of 0.10 and a total asset turnover of...

Assume company X has a net profit margin of 0.10 and a total asset turnover of 2.30. If the firm had total liabilities of 1.304 million and total book equity of 0.870 million, what would its ROE be? 1. 0.109 2. 0.575 3. 0.100 4. 0.092

Lemmon Enterprises has a total asset turnover of 2.2 and a net profit margin of 7.1%....

Lemmon Enterprises has a total asset turnover of 2.2 and a net profit margin of 7.1%. If its equity multiplier is 1.6, what is the ROE for Lemmon Enterprises? (Round answer to 2 decimal places, e.g.12.25%.) ROE %

Stroud Sporting Gear Inc. has a net profit margin of 6%, a total asset turnover of...

Stroud Sporting Gear Inc. has a net profit margin of 6%, a total asset turnover of 2.5, total assets of $250 million, and total equity of $125 million. What is the company’s return on equity?

Leadjet, an aerospace firm, reported a net profit margin of 3.0%; a total asset turnover of...

Leadjet, an aerospace firm, reported a net profit margin of 3.0%; a total asset turnover of 1.5; total assets of $36 billion and a book value of equity of $18 billion. Leadjet’s ROE is: a. 2.25% b. 8.37% c. 9.0% d. 6.0%

Jack Corp. has a profit margin of 9.70 percent, total asset turnover of 1.52, and ROE...

Jack Corp. has a profit margin of 9.70 percent, total asset turnover of 1.52, and ROE of 18.71 percent. What the firm's debt-equity ratio? If Roten Rooters, Inc., has an equity multiplier of 1.30, total asset turnover of 1.37 and a profit margin of 7.50 percent. What ROE ?

Jack Corp. has a profit margin of 8.70 percent, total asset turnover of 1.43, and ROE...

Jack Corp. has a profit margin of 8.70 percent, total asset turnover of 1.43, and ROE of 18.72 percent. What is the firm's debt-equity ratio?

Alpha Computer has sales of $618,900, a profit margin of 13.2 percent, a total asset turnover...

Alpha Computer has sales of $618,900, a profit margin of 13.2 percent, a total asset turnover rate of 1.54, and an equity multiplier of 1.06. What is the return on equity? Show your calculations! 18.91 percent B. 12.67 percent C. 18.28 percent D. 21.55 percent Good Foods has net income of $82,490, total equity of $518,700, and total assets of $1,089,500. The dividend payout ratio is .30. What is the internal growth rate? Show your calculations! 2.32 percent 3.57 percent...

Jiminy Cricket Removal has a profit margin of 11 percent, total asset turnover of 1.13, and...

Jiminy Cricket Removal has a profit margin of 11 percent, total asset turnover of 1.13, and ROE of 14.33 percent. What is this firm’s debt–equity ratio?

5. If we know that a firm has a net profit margin of 4.5%, total asset...

5. If we know that a firm has a net profit margin of 4.5%, total asset turnover of 0.72, and a financial leverage multiplier of 1.43, what is its ROE? What is the advantage to using the DuPont system to calculate ROE over the direct calculation of earnings available for common stockholders divided by common stock equity?

Question