Question
The Dahlia Company has net income of $168,850. There are currently 33.05 days sales in receivables. Total assets are $857,000, total receivables are $148,200, and
The Dahlia Company has net income of $168,850. There are currently 33.05 days sales in receivables. Total assets are $857,000, total receivables are $148,200, and the debtequity ratio is .70. What is the companys profit margin? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Profit margin _____ % What is the companys total asset turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Total asset turnover _________times What is the companys ROE? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) ROE_______ %
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