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31. Felton Farm Supplies, Inc. has an ROA (return on assets) of 10 percent, total assets of $300,000 and a net profit margin of 4.5

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31. Felton Farm Supplies, Inc. has an ROA (return on assets) of 10 percent, total assets of $300,000 and a net profit margin of 4.5 percent. What are Felton Farm Supplies annual sales? 32. Krisle and Kringle's debt-to-total assets ratio is 0.745 (i.e., debt ratio =74.5% ). What is the company's debt-to-equity ratio? (Enter answer as a ratio - that is, do not convert to a percent). 33. Philips, Inc has a debt ratio of 75% and ROE=12%. What is Phillips' ROA? (Enter answer as a percent). 34. A firm has an ROA of 18% and a debt/equity ratio of 0.65. The firm's ROE is (Enter answer as a percent). 35. Assume that XYZ, Inc. has: - Debt ratio =60% - Net profit margin =15% - Return on assets (ROA)=25% Find XYZ's Total Asset Turnover ratio. (Enter answer as a ratio - that is, do not convert to a percent)

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