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Easter Egg and Poultry Company has $1,840,000 in assets and $625,000 of debt. It reports net income of $145,000 a. What is the firm's return
Easter Egg and Poultry Company has $1,840,000 in assets and $625,000 of debt. It reports net income of $145,000 a. What is the firm's return on assets? (Enter your answer as a percent rounded to 2 decimal places.) Return on assets b. What is its return on stockholders' equity? (Enter your answer as a percent rounded to 2 decimal places.) Return on equity c. If the firm has an asset turnover ratio of 2.4 times, what is the profit margin (return on sales)? (Enter your answer as a percent rounded to 2 decimal places.) Profit margin Gates Appliances has a return-on-assets (investment) ratio of 14 percent. a. If the debt-to-total-assets ratio is 35 percent, what is the return on equity? (Input your answer as a percent rounded to 2 decimal places.) Return on equity b. If the firm had no debt, what would the return-on-equity ratio be? (Input your answer as a percent rounded to 2 decimal places.) Return on equity
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