subject
Business, 18.07.2020 20:01 hermine40

DTO, Inc., has sales of $13 million, total assets of $11 million, and total debt of $6.4 million. Assume the profit margin is 6 percent. a. What is the company's net income? (Do not round intermediate calculations. Enter your answer in dollars not in millions, e. g., 1,234,567.)
b. What is the company's ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)
c. What is the company's ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)
a. Net income
b. ROA
C. ROE

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:10
Post test question number 9 for entering the job market
Answers: 1
question
Business, 22.06.2019 22:40
Rolston music company is considering the sale of a new sound board used in recording studios. the new board would sell for $27,200, and the company expects to sell 1,570 per year. the company currently sells 2,070 units of its existing model per year. if the new model is introduced, sales of the existing model will fall to 1,890 units per year. the old board retails for $23,100. variable costs are 57 percent of sales, depreciation on the equipment to produce the new board will be $1,520,000 per year, and fixed costs are $1,420,000 per year.if the tax rate is 35 percent, what is the annual ocf for the project?
Answers: 1
question
Business, 23.06.2019 16:00
Acompany's culture is made up of: a. the company's vision and mission statement. b. its behavior patterns. c. whatever the board of directors says it is. d. the image the ceo wants to project.
Answers: 2
question
Business, 24.06.2019 02:30
If an unmarried taxpayer paid more than half the cost of keeping a home which is the principal place of residence of a nephew, who is not her dependent, she may use the head of household filing status.
Answers: 1
You know the right answer?
DTO, Inc., has sales of $13 million, total assets of $11 million, and total debt of $6.4 million. As...
Questions
question
History, 05.09.2020 06:01
question
Physics, 05.09.2020 06:01
Questions on the website: 13722360