Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hello tutor, please help me solve these problems. Thank you! Question 35 1 pts A firm has a profit margin of 15 percent on sales

Hello tutor, please help me solve these problems. Thank you!

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
Question 35 1 pts A firm has a profit margin of 15 percent on sales of P20,000,000. If the firm has a debt of P7,500,000, total assets of P22,500,000, and an after-tax interest cost on total debt of 5 percent, what is the firm's ROA? O 10.9% 12.0% O 13.3% O 8.4%Question 40 1 pts Baylor Company paid out one-half of last year's earnings in dividends. Baylor's earnings increased by 20% and the number of its dividends increased by 15% in the current year. Baylor's dividend payout ratio for the current year was O 57.5% O 47.9% O 50% O 78%Question 41 1 pts Kansas Office Supply had P24,000,000 in sales last year. The company's net income was P400,000, its total assets turnover was 6.0, and the company's ROE was 15 percent. The company is financed entirely with debt and common equity. What is the company's debt ratio? O 0.60 O 0.20 O 0.33 O 0.30Question 42 1 pts The Merriam Company has determined that its return on equity is 15 percent. Management is interested in the various components that went into this calculation. You are given the following information: total debt/total assets = 0.35 and total assets turnover = 2.8. What is the profit margin? O 5.42% O 6.96% O None of these O 3.48%

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

Step: 3

blur-text-image

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

Financial Accounting

Authors: Arne E. Jorgensen

1st Edition

8759340886, 9788759340882

More Books

Students also viewed these Accounting questions

Question

How do childhood experiences affect self-esteem?

Answered: 1 week ago