Question
COBA, Inc. has earnings available for common shareholders of $700 produced by sales of $10,000. It also has total assets of $20,000 and an assets-to-equity
COBA, Inc. has earnings available for common shareholders of $700 produced by sales of $10,000. It also has total assets of $20,000 and an assets-to-equity ratio of 2.5. What is COBA Inc.s return on assets?
A. 1.50%
B. 2.50%
C. 3.50%
D. 4.50%
COBA, Inc. has earnings available for common shareholders of $700 produced by sales of $10,000. It also has total assets of $20,000 and an assets-to-equity ratio of 2.5. What is COBA Inc.s return on common equity?
A. 2.50%
B. 3.50%
C. 7.00%
D. 8.75%
The Bronc Company had sales of $1,000 with COGS equal to 30% of sales. Bronc also had total other operating expenses of $400, interest expense of $125, and is subject to a flat 40% of its pre-tax income in income taxes. What is Broncs net income?
A. $105
B. $160
C. $170
D. $180
The asset-to-equity ratio for a firm is 1.5, and the firm has total assets of $3,000,000. Last year, net income for the firm was $250,000, and the earnings per share for the firm was reported as $0.50. What is the current book value per share for the firm?
A. $0.50
B. $3.00
C. $4.00
D. $12.00
Coco Maxs stock is currently selling for $75 per share. If it is selling at a P/E ratio of 50, calculate Coco Maxs recent earnings per share.
A. $1.50
B. $2.00
C. $2.50
D. $3.00
Fresh Juice Corp has an operating profit of $1,200 produced from $9,800 in sales. If Fresh Juice has no interest expense and currently pays 35% of its operating profits in taxes and $200 per year in preferred dividends, then what is Fresh Juices net profit margin?
A. 4.29%
B. 5.92%
C. 7.96%
D. 10.20%
You are going to receive $80 at the end of each year for the next 12 years. If you invest each of those amounts at 12%, then what amount of money will you have at the end of the 12th year?
A. $115.20
B. $960.00
C. $969.60
D. 1,930.65
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started