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Christoffersen Inc. has sales of $610,400, total equity of $170,000, a profit margin of 12 percent and a debt-equity ratio of 0.8. What is the
Christoffersen Inc. has sales of $610,400, total equity of $170,000, a profit margin of 12 percent and a debt-equity ratio of 0.8. What is the return on assets?
23.94 percent | ||
21.34 percent | ||
17.50 percent | ||
19.70 percent |
Canal, Inc. has sales of $192,510, total assets of $320,400, a debt-equity ratio of 1.4, and a profit margin of 6.5 percent. What is the equity multiplier?
1.2 | ||
1.4 | ||
2.2 | ||
2.4 |
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