Question
Sales for Company Y are $100,000 in 2016 and the net profit margin is 9.0%. The Return on Equity is 20%. What is the dollar
Sales for Company Y are $100,000 in 2016 and the net profit margin is 9.0%. The Return on Equity is 20%. What is the dollar value of Equity?
A. | $ 18,000 | |||||||||||||||||||||||||||||||||||||
B. | $ 45,000 | |||||||||||||||||||||||||||||||||||||
C. | $ 90,000 | |||||||||||||||||||||||||||||||||||||
D. | $ 444,444
2. If the Cost of Sales for Company Z is $912,500 for the 2016 year, and the Days Inventory Held is 25. The value of the Inventory at the end of 2016 is:
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