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13. In 2019, Felton Farm Supplies, Inc. had ROA (return on assets) of 15 percent, total assets of $12,000,000 and a net profit margin of
13. In 2019, Felton Farm Supplies, Inc. had ROA (return on assets) of 15 percent, total assets of $12,000,000 and a net profit margin of 4.75 percent. Based on the information, what was Felton Farm Supplies total asset turnover ratio in 2019? ((Enter your answer as a ratio rounded to 2 decimal places that is, do not convert to a percent, for example, enter 80/35 = 2.2857 as 2.29). 14. Krisle and Kringle's debt-to-total assets ratio is 0.835 (i.c., debt ratio - 83.5%). What is the company's debt- to-equity ratio? (Enter your answer as a ratio rounded to 2 decimal places that is, do not convert to a percent, for example, enter 80/35 = 2.2857 as 2.29). 15. Philips, Inc has a debt ratio of 27.5% and ROE = 13.3%. What is Phillips' ROA? (Enter answer as a percent)
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