Question

A firm has return on equity of 15 percent, earnings before taxes of $30,000, total asset turnover of .80, a profit margin of 4.5 percent, and a tax rate of 35 percent. What is the return on assets?

Oct 23, 2010

mmfhsf

Jul 12, 2021

Related Questions

A firm wants to maintain a growth rate of 7% without incurring any additional equity financing. The... Firm A and firm B have debt-total asset ratios of 35% and 30% and ROA of 12% and 11%, respectively.... Recreational Supplies Co. has net sales of $9,191,375, an ROE of 31.02 percent, and a total asset tu... You have the following data for the Fosberg Winery. What is Fosberg's return on assets (ROA)? Return...