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Semenov [28]
3 years ago
8

Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $110 million and it has total a

ssets of $42 million. What is its Return on Equity (ROE)? Round your answer to two decimal places.
Business
1 answer:
mafiozo [28]3 years ago
8 0

Answer:

ROE is 0.1571 or 15.71%

Explanation:

The ROE or return on equity is a measure of a business's profitability in relation to its equity. The Dupont equation breaks down the ROE into three components which are used to calculate the ROE. The formula fro ROE under dupont equation analysis is,

ROE = Net Profit/Sales  *  Sales/Total Assets  *  Total Assets/Total Equity

  • The part of Net Profit/Sales is also known as profit margin.
  • The part of Sales/Total Assets  is also known as Assets Turnover
  • The part of Total Assets/Total equity is also known as equity multiplier

ROE = 0.03  *  110/42  *  2

ROE = 0.1571428571 rounded off to 0.1571

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Rudiy27

Answer:

a. It focuses on generating new revenue by offering new products and services.

Explanation:

An information system or technology can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products. Thus, an information system or technology interacts with its environment by receiving data in its raw forms and information in a usable format.

Information technology is an integral part of human life because individuals, organizations, and institutions rely on information technologies in order to perform their duties, functions or tasks and to manage their operations effectively. For example, all organizations make use of information systems for supply chain management, process financial accounts, manage their workforce, and as a marketing channels to reach their customers or potential customers.

Additionally, an information system comprises of five (5) main components;

1. Hardware.

2. Software.

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Hence, in the context of using information technologies for a competitive advantage over rivals in the industry, the statement which is true of a top-line strategy is that, it focuses on generating new revenue by offering new products and services. The top-line strategy ensures that the company continues to generate gross revenue or sales.

6 0
3 years ago
Read the graph. What can the reader reasonably conclude from information in the graph?
zavuch27 [327]

Answer: A. Fewer new businesses were started in 2010 than in other years

Explanation:

5 0
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Read 2 more answers
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Mumz [18]

Answer:

$4,850

Explanation:

The computation is shown below:

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Direct labor $14,690

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And, the other case

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7 0
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The chart lists three different sets of career qualifications in the Marketing, Sales, and Service career cluster.
KengaRu [80]

Answer:

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Explanation:

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