1. Felton Farm Supplies, Inc. has an ROA (return on assets) of 14 percent, total assets of $500,000 and a net profit margin of 5.0 percent. What are Felton Farm Supplies annual sales?

2. Krisle and Kringle's debt-to-total assets ratio is 0.785 (i.e., debt ratio = 78.5%). What is the companys debt-to-equity ratio? (Enter answer as a ratio that is, do not convert to a percent).

3. Philips, Inc has a debt ratio of 75% and ROE = 10%. What is Phillips ROA? (Enter answer as a percent).

4. A firm has an ROA of 17% and a debt/equity ratio of 0.65. The firm's ROE is _________. (Enter answer as a percent).

17. Assume that XYZ, Inc. has:

Debt ratio = 60%

Net profit margin = 12.5%

Return on assets (ROA) = 25%

Find XYZs Total Asset Turnover ratio. (Enter answer as a ratio that is, do not convert to a percent).

18. Assume that your firm has ROA of 17.5%, ROE of 38% and Total Asset Turnover ratio of 2.75. Calculate the debt ratio for the firm. (Enter answer as a percent).