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Easter Egg and Poultry Company has $2,000,000 in assets and $1,400,000 of debt. It reports net income of $200,000. a. What is the firms return
Easter Egg and Poultry Company has $2,000,000 in assets and $1,400,000 of debt. It reports net income of $200,000.
a. | What is the firms 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 2.5 times, what is the profit margin (return on sales)? (Enter your answer as a percent rounded to 2 decimal places.) |
Profit margin | % |
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