Strack Houseware Supplies Inc. has $866 million in total assets. The other side of its balance sheet consists of $95.26 million in current liabilities, $251.14 million in long-term debt, and $519,60 million in common equity. The company has 16,100,000 shares of common stock outstanding, and its stock price is $59 per share. What is Strack's market-to- book ratio? a. 9.63 b. 8.81 C. 1.67 d. 1.83 e. 1.37 2 The Wilson Corporation has the following relationships: Sales/Total assets = 3:Return on assets (ROA) = 15%; Return on equity (ROE) -17%. What is Wilson's profit margin? a. 7.16% 5.67% 5.00% d. 8.89% e. 4.66% 3. Last year YYY Company had a 5.00% net profit margin based on $21,000,000 in sales and $14,000,000 of total assets. During the coming year, the president has set a goal of attaining a 8% return on total assets. If YYY finances 56% of its assets by borrowing, what will its return on common equity be next year if the retum on assets goal is achieved? a. 19.95% b. 14.29% C. 16.02% d. 18.18% e. 12.82% + U KNO, Inc. uses only debt and common equity funds to finance its assets. This past year the firm's return on total assets was 19%. The firm financed 30% percent of its assets using debt. What was the firm's return on common equity? 24.36% b. 63.33% C. 47.26% d. 69.50% c. 27.14% 3. A fire has destroyed a large percentage of the financial records of the Carter Company. You have the task of piecing together information in order to release a financial report. You have found the return on equity to be 25%. If sales were $61,000,000, the debt ratio was 40%, and total liabilities were $12,000,000, what would be the return on assets (ROA)? a. 8.33% b. b. C. C. d. e. 10.00% 16.56% 19.94% 15.00%