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All of the following questions are open-ended problems. You must compute an answer for every problem. For percentage answers, calculate your answer as a percent
All of the following questions are open-ended problems. You must compute an answer for every problem. For percentage answers, calculate your answer as a percent rounded to 2 decimal places. For example, you would record ROA .1263974 as 12.64% (note that on D2L you will enter 12.64 without the percent sign). For dollar answers, round to the nearest dollar. For example, you would record $12,345.83943 as $12,346 (note that on D2L you will enter 12346 without a comma and without the dollar sign). 13. Felton Farm Supplies, Inc. has an ROA (return on assets) of 14 percent, total assets of $400.000 and a net profit margin of 45 percent. What are Felton Farm Supplies annual sales? 14. Krisle and Kringle's debt-to-total assets ratio is 0.82 (i.e., debt ratio=82.0%). What is the company's debt-to- equity ratio? (Enter 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, Ine has a debt ratio of 45.6% and ROE = 15%. What is Phillips' ROA? (Enter answer as a percent). (Enter answer as a 16. A firm has an ROA of 18% and a debt/equity ratio of 1.45. The firm's ROE is percent) 17. Assume that XYZ, Inc. has: Debt ratio = 48% Net profit margin = 11% Return on assets (ROA) = 27.5% Find XYZ's 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 12.5%, ROE of 42% and Total Asset Turnover ratio of 3.5. Calculate the debt ratio for the firm. (Enter answer as a percent)
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