DTO, Inc., has sales of $13 million, total assets of $11 million, and total debt of $6.4 million. Assume the profit margin is 6 percent.
a. What is the company's net income? (Do not round intermediate calculations. Enter your answer in dollars not in millions, e. g., 1,234,567.)
b. What is the company's ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)
c. What is the company's ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)
a. Net income
b. ROA
C. ROE
Answers: 2
Business, 22.06.2019 06:40
At april 1, 2019, the food and drug administration is in the process of investigating allegations of false marketing claims by hulkly muscle supplements. the fda has not yet proposed a penalty assessment. hulkly’s fiscal year ends on december 31, 2018. the company’s financial statements are issued in april 2019. required: for each of the following scenarios, determine the appropriate way to report the situation. 1. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 2. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is probable. 3. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 4. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is probable.
Answers: 1
Business, 22.06.2019 09:30
The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)
Answers: 3
Business, 22.06.2019 11:00
Factors like the unemployment rate,the stock market,global trade,economic policy,and the economic situation of other countries have no influence on the financial status of individuals. true or false
Answers: 1
Business, 22.06.2019 17:30
Communication comes in various forms. which of the following is considered an old form of communication? a) e-mail b) letter c) skype d) texting
Answers: 2
DTO, Inc., has sales of $13 million, total assets of $11 million, and total debt of $6.4 million. As...
Mathematics, 26.08.2020 18:01
Biology, 26.08.2020 18:01
Mathematics, 26.08.2020 18:01
Mathematics, 26.08.2020 18:01
English, 26.08.2020 18:01
History, 26.08.2020 18:01
Mathematics, 26.08.2020 18:01
Mathematics, 26.08.2020 18:01
Physics, 26.08.2020 18:01
Mathematics, 26.08.2020 18:01
Mathematics, 26.08.2020 18:01