Management Level Finance
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1. A co. has sales of $18 million, titak assets of 13million and total debt of 3.8 million. If the profit margin is 8%, what is the net income? what is ROA? what is ROE?
2. Lee Sun's has sales of 3,000, total assets of $2,500, and a proft margin of 5%. The firm has a total debt ratio of 40%. What is the return on equity?
3. A firm has a return policy on equity of 15% The debt-equity ratio is 50%. The total asset of turnover is 1.25 and the profit margin is 8%. THe total equity if $3,200. What is the amount of net income?
4. Pujols Lumber Yard has a current accounts receivable balance of $438,516. Credit sales for the year just ended were $6,257,380. What is the receivables turn over? The days' sales in receivables? How long did it take on average for credit customers to pay off their accounts during the past year?
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Solution Summary
Management level finance is analyzed. A firm's return policy on equity of 15% is determined.
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1.
A co. has sales of $18million, titak assets of 13million and total debt of 3.8 million. If the profit margin is 8%, what is the net income? what is ROA? what is ROE?
profit margin = net income / sales
.08 = net income / 18,000,000
net income = ...
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