Question
Legacy Cleaning has a debt ratio equal to 50 percent, total assets equal to $650,000, return on assets (ROA) of 12 percent, and total assets
Legacy Cleaning has a debt ratio equal to 50 percent, total assets equal to $650,000, return on assets (ROA) of 12 percent, and total assets turnover equal to 3.0.
If it has no preferred stock, what amount of common equity does Legacy have? Round your answer to the nearest dollar. $
What is Legacy's net profit margin? Round your asnwer to the nearest whole number. %
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Personal Finance And Investments
Authors: Keith Redhead
1st Edition
0415428629, 978-0415428620
