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Kreskill has total receivables of $6,000, which represents 20 days sales. Total assets are $225,000. Find the firms asset turnover ratio. (Use 365 days in
Kreskill has total receivables of $6,000, which represents 20 days sales. Total assets are $225,000. Find the firms asset turnover ratio. (Use 365 days in a year. Compute Sales first.) Asset turnover ratio = The firms operating profit margin is 5%. Find the firms ROA, and ROE.
The debt-to-equity ratio is 2.8. Assume no interest.
ROA = .. % ROE = . %
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