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Your company earns $1,000,000 net margin on $50,000,000 revenue with $25,000,000 in assets. a. What is your return on assets? b. What is your asset
Your company earns $1,000,000 net margin on $50,000,000 revenue with $25,000,000 in assets. a. What is your return on assets? b. What is your asset turnover? Your company earned $400,000 net margin with $10,000,000 in assets. Find your return on net worth if your assets are financed by: a. $6,000,000 in liabilities. b. $8,000,000 in liabilities. You incur the following expenses in a year: Warehousing ($400,000); Salaries ($2,000,000); Cost of goods sold ($12,000,000); Interest expense ($50,000); Sales commission ($200,000). a. Total variable costs are: b. Total fixed costs are
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