Calculating ROA and ROE for finance.
Not what you're looking for?
Lily Cosmetics has annual sales of $500,000,000
$5,000,000
maintains a net after tax profit margin of 5%
and has a sales-to-assets ratio of 4
a. What is its return on assets?
b. If its debt/equity ratio is 0.5, what is the return on equity?
Purchase this Solution
Solution Summary
This solution is comprised of a detailed explanation to answer what is its return on assets and return on equity.
Purchase this Solution
Free BrainMass Quizzes
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Basics of corporate finance
These questions will test you on your knowledge of finance.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.