Business, 28.02.2021 17:00 rmcarde4432
DTO, Inc., has sales of $23 million, total assets of $20.5 million, and total debt of $7.9 million. Assume the profit margin is 12 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.)
Answers: 3
Another question on Business
Business, 21.06.2019 23:10
Kando company incurs a $9 per unit cost for product a, which it currently manufactures and sells for $13.50 per unit. instead of manufacturing and selling this product, the company can purchase product b for $5 per unit and sell it for $12 per unit. if it does so, unit sales would remain unchanged and $5 of the $9 per unit costs assigned to product a would be eliminated. 1. prepare incremental cost analysis. should the company continue to manufacture product a or purchase product b for resale? (round your answers to 2 decimal places.)
Answers: 1
Business, 22.06.2019 01:40
Select the word from the list that best fits the definition sometimes
Answers: 2
Business, 22.06.2019 04:00
Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.
Answers: 2
Business, 22.06.2019 09:40
Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?
Answers: 1
You know the right answer?
DTO, Inc., has sales of $23 million, total assets of $20.5 million, and total debt of $7.9 million....
Questions
Mathematics, 09.12.2019 18:31
Biology, 09.12.2019 18:31
Computers and Technology, 09.12.2019 18:31
