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Crane Enterprises has an equity multiplier of 3.1 times, total assets of $2,120,000, an ROE of 17.98 percent, and a total asset turnover ratio of
Crane Enterprises has an equity multiplier of 3.1 times, total assets of $2,120,000, an ROE of 17.98 percent, and a total asset turnover ratio of 2.4 times. Calculate the firm's sales and ROA. (Round sales to nearest whole dollar, e.g. 125 and ROA to 2 decimal places, e.g. 15.25%.) Crane's sales are $ and its ROA is % \% Crane Enterprises has an equity multiplier of 3.1 times, total assets of $2,120,000, an ROE of 17.98 percent, and a total asset turnover ratio of 2.4 times. Calculate the firm's sales and ROA. (Round sales to nearest whole dollar, e.g. 125 and ROA to 2 decimal places, e.g. 15.25%.) Crane's sales are $ and its ROA is % \%
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