Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Company D operates in the food industry. The company is a French biscuit manufacturer, recognized as the second-biggest supplier of biscuits in France. You have

image text in transcribed

Company D operates in the food industry. The company is a French biscuit manufacturer, recognized as the second-biggest supplier of biscuits in France. You have the following data from the 2020 financial statements: Total Assets: 200 mine Current + Non Current Liabilities: 90 min Asset Turnover Ratio (ATR): 1,9 Effective Tax Rate: 35% Dividends distributed (on Profit 2019): 2 mln Return On Sales (EBIT Margin): 8% Financial incomes for 2020: 1 mln Financial expenses for 2020: 6 min Based on these data, it is TRUE that: (SanJob: 4) OROE = 15.0% ROE = 23.0% ROE = 18.5% None of the other answers 5 Michela Arnabold Group AERO is composed by the parent and three subsidiaries: A. R and Mic thoi camn Company D operates in the food industry. The company is a French biscuit manufacturer, recognized as the second-biggest supplier of biscuits in France. You have the following data from the 2020 financial statements: Total Assets: 200 mine Current + Non Current Liabilities: 90 min Asset Turnover Ratio (ATR): 1,9 Effective Tax Rate: 35% Dividends distributed (on Profit 2019): 2 mln Return On Sales (EBIT Margin): 8% Financial incomes for 2020: 1 mln Financial expenses for 2020: 6 min Based on these data, it is TRUE that: (SanJob: 4) OROE = 15.0% ROE = 23.0% ROE = 18.5% None of the other answers 5 Michela Arnabold Group AERO is composed by the parent and three subsidiaries: A. R and Mic thoi camn

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Options Futures And Other Derivatives

Authors: John C. Hull

8th Edition

0132164949, 9780132164948

More Books

Students also viewed these Finance questions