Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 24, 2024

If company X has return on sales (ROS) of .07, asset turnover of 2.2, and equity of multiplier of 4.1, what is company Xs return

If company X has return on sales (ROS) of .07, asset turnover of 2.2, and equity of multiplier of 4.1, what is company Xs return on equity (ROE)?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 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

Technical Analysis Of Stock Trends

Authors: Robert D. Edwards, John Magee

6th Edition

1599180219, 978-0139043437

More Books

Students also viewed these Finance questions

Question

★★★★★

In 1 981-1983, the Reagan administration implemented a fiscal policy that reduced taxes and increased government spending. a. Explain why this policy would tend to increase aggregate demand. Show the...

Answered: 1 week ago

Question

★★★★★

To gain knowledge of a decision-making theory that can be used to diagnose the task

Answered: 1 week ago

Question

★★★★★

Discuss whether life planning is a legitimate area for financial planners to offer clients.

Answered: 1 week ago

Question

★★★★★

Each day, a FedEx competitor processes approximately 85,000 shipments. Suppose that they use the same Service Quality Index as FedEx and identified the following numbers of errors during a 5-day week...

Answered: 1 week ago

Question

★★★★★

A Japanese company has a bond that sells for 1 0 3 . 8 1 3 percent of its 1 0 0 , 0 0 0 par value. The bond has a coupon rate of 6 . 5 percent paid annually and matures in 2 3 years. What is the...

Answered: 1 week ago

Question

★★★★★

in her last semester at doc polly heston needs to take statistics composition 2, ethic and physics. Because polly is registered early

Answered: 1 week ago

Question

★★★★★

23. Your company plans to expand into other countries, and you are charged with planning and executing the entry. Describe to the company's president your strategies for expansion and the five global...

Answered: 1 week ago

Question

★★★★★

Forest Fires and Acres Burned Number of fires and number of acres burned are as follows: Number of fires x 72 69 58 47 84 62 57 45 Numbers of acres burned y 62 42 19 26 51 15 30 15 Find y' when x =...

Answered: 1 week ago

Question

★★★★★

Discussion Post: Identify an approach or technique in 2 or 3 of the presentations. You can pick a different technique for each presentation you choose to discuss. This technique will have had a...

Answered: 1 week ago

Question

★★★★★

Arrange/rearrange your organization/department (or an organization you have worked with in the past). illustrate how you would organize systems to make them more efficient. The objective is to...

Answered: 1 week ago

Question

★★★★★

Write a professional Bio of an officer. Use the following question to cover the Bio Who are you? How did you get to be who you are? What are you doing now? What would you like to do in the future?.

Answered: 1 week ago

Question

★★★★★

5.64 A random variable X is normally distributed with a mean of 500 and a variance of 100, and a random variable Y is normally distributed with a mean of 200 and a variance of 400. The random...

Answered: 1 week ago

Question

★★★★★

5.69 A consultant has three sources of incomefrom teaching short courses, from selling computer software, and from advising on projects. His expected annual incomes from these sources are $20,000,...

Answered: 1 week ago

Question

★★★★★

5.63 A random variable X is normally distributed with a mean of 100 and a variance of 100, and a random variable Y is normally distributed with a mean of 200 and a variance of 400. The random...

Answered: 1 week ago

Previous Question Next Question