Question
6. Siyanda Corporation has a return on equity of 20 percent, and a debt ratio of 0.5, what is its return on total assets
6. Siyanda Corporation has a return on equity of 20 percent, and a debt ratio of 0.5, what is its return on total assets (ROA)? a. 10 percent. b. 40 percent. C. 20 percent. d. 30 percent. e. We cannot determine 7. Oliver Incorporated has a current ratio = 1.6, and a quick ratio equal to 1.2. The company has $2.5 million in sales and its current liabilities are $1 million. The gross profit margin is 20 percent. What is the company's inventory turnover ratio? a. 5.0 b. 5.2 c. 5.5 d. 6.0 e. 6.3
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
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