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If Mingus Furniture has an equity multiplier of 1.83, total asset turnover of 1.65, and a profit margin of 5.2 percent, what is its ROE?

If Mingus Furniture has an equity multiplier of 1.83, total asset turnover of 1.65, and a profit margin of 5.2 percent, what is its ROE? (p. 87)

8. Parkers nightclub has a debt-equity ratio of 0.75, an ROA of 10.5%, and a profit margin of 5.4%. What is the ROE and total asset turnover ratio?

9. Monks has an ROA of 10.3 percent and ROE of 17.20 percent. What is the firms debt-equity ratio? (p. 87)

10. Naimas has a debt-equity ratio of .75. Return on assets is 6.9 percent, and total equity is $815,000. What is the equity multiplier? Return on Equity? Net income?

Growth Rates

11. If a company has an ROA of 7.2 percent and a retention ratio of 25 percent, what is its internal growth rate?

12. If a company has an ROE of 16.8 percent and a payout ratio of 20 percent, what is its sustainable growth rate?

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