ladders, inc. has a net profit margin of 5.7 % on sales of $ 50.8 million. it has book value of equity of $ 38.4 million and total book liabilities of $ 28.6 million. what is ladders' roe? roa? note: assume the value of interest expense is equal to zero. what is ladders' roe? ladders' roe is nothing%. (round to two decimal places.) what is ladders' roa? ladders' roa is nothing%. (round to two decimal places.)

ROE 7.54%

ROA 4.32%

Explanation:

with the profit margin and sales we got the net income:

sales x profit margin = net income

50,800,000 x 5.7% = 2,895,600‬

The Return on Equity (ROE) formula is:

2,895,600 / 38,400,000 = 0,07540625 = 7.54%

The company yield 7.54% of his equity.

Then, Return on Assets (ROA)

using the accounting equation we solve for assets:

assets = liab + equity

assets = 38.4 + 28.6 = 67

ROA = 2,895,600 / 67,000,000 = 0,0432179

ROA = 4.32%

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy

the first one $24,630