Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 26 1 pts Bunny Corporations common stock is currently selling at P100 per share, which represents a P/E ratio of 10. If the firm

Question 261 pts

Bunny Corporations common stock is currently selling at P100 per share, which represents a P/E ratio of 10. If the firm has 100 shares of common stock outstanding, a return on equity of 20%, and a debt ratio of 60%. What is its return on total assets (ROA)?

Group of answer choices

8.0%

16.7%

10.0%

12.0%

Flag this Question

Question 271 pts

Bob Corporation has the following relationships:

Sales/Total assets

2.0x

Return on assets (ROA)

4.0%

Return on equity (ROE)

6.0%

What is Bobs profit margin and debt ratio?

Group of answer choices

4%; 0.33

2%; 0.67

2%; 0.33

4%; 0.50

Flag this Question

Question 281 pts

During 2020, Star Company purchased P960,000 of inventory. The cost of goods sold for 2020 was P900,000, and the ending inventory at December 31, 2020 was P180,000. What was the inventory turnover for 2020?

Group of answer choices

5.3

6.0

6.4

5.0

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 Sector Reform And Privatization In Transition Economies

Authors: John Doukas, Victor Murinde, Clas Wihlborg

1st Edition

044482653X, 9780444826534

More Books

Students also viewed these Finance questions