1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Cody Barnett describes starting and managing your own business as
artcher [175]

Answer:

Time consuming.

Explanation:

More and more people dream of having their own business not only to dedicate themselves to doing something they like, but also to have more freedom with their time and money.

However, despite the increase in the number of people with this entrepreneurial spirit, not all of them have a deep knowledge of what it means to undertake and are not well aware of the advantages, disadvantages, how to start a business and what kind of profitable businesses can be developed. In addition, many people do not know that setting up their own business is difficult, laborious and time consuming and requires a lot of patience, perseverance and dedication.

4 0
3 years ago
A local news program reported that, "sixty-eight percent of our viewers think a property tax hike is a good idea." because only
8_murik_8 [283]

Sarah is demonstrating a critical thinking. Critical thinking can be defined as the awakening of intellect to study itself. It is also the ability to think and analyze fasts to form a judgement. Critical thinking also refers as the ability to think clearly and rationally regarding what to do and what to believe.

8 0
3 years ago
Molave Furniture Company plans to launch a new website. Lila, the company's CIO, thinks that the company can better reach its cu
Kisachek [45]

Answer:

<u>e-commerce</u>.

Explanation:

When Molave ​​Furniture Company wants to launch a new website to customize the ability for customers to shop online and thereby increase sales, it is an e-commerce promotion strategy.

In order for Lila to be able to effectively promote e-commerce, it is essential that the focus is on optimizing the customer experience, the site must be easily accessible, as well as a logistics service that ensures agility in receiving goods, as well as a efficient after sales service to answer questions and resolve purchase related issues.

4 0
3 years ago
Sue, a secretary goes to the storeroom to get a box of paper for her department. This is a task she's performed without problem
just olya [345]

Answer:

B. Sue is entitled to Workers' Compensation even though her employer was not negligent.

Explanation:

Sue is performing her normal duties that is required by her being a secretary when she was injured. So the employer cannot be said to be negligent in allowing her carry paper for her unit.

She will not be able to sue for employer for her injuries.

However when an employee is injured they are entitled to Worker's compensation and paid time off work.

This is given to employees even when the employer is not negligent.

Sue can get the Worker's compensation for her back treatment.

7 0
3 years ago
At age 50, Charles began receiving payments under a distribution method that provides for substantially equal payments over his
shusha [124]

Answer:

correct answer is 4) $169,000.00

Explanation:

given data

received distributions totaling =  $14,000

remaining benefits lump-sum = $155,000

solution

we know that substantial payment by as distribution method not subjected to the early distribution penalty

but lum sum amount distribution before age 59.5 is subject to 10% penalty

so here we can say till 59.5 year annuity payment not changed

so amount subject to the penalty is = $14000 + $155000

amount subject to the penalty is = $169000

so correct answer is 4) $169,000.00

4 0
3 years ago
Other questions:
  • What term refers to the United States’ sale of steel to Germany?
    10·2 answers
  • g Dave's Duds reported cost of goods sold of $2,000,000 this year. The inventory account increased by $200,000 during the year t
    8·1 answer
  • When you finance a project partly with debt, you should still view the project as if it were all equity-financed, treating all c
    14·2 answers
  • What is the difference between an economic want and a noneconomic want?
    14·1 answer
  • The purpose of a(n) _____ is to obtain additional information on a candidate and to clarify information gathered throughout the
    5·2 answers
  • Identify financial statement by type of information) Butler Tech, Inc., is expanding into India. The company must decide where t
    5·1 answer
  • If you are asked to describe how you handled the problem with your manager in your past job, what type of interview question was
    7·1 answer
  • Real estate Salesperson fiduciary duties are
    7·1 answer
  • Concord Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sale
    14·1 answer
  • A traveler needs to _____________ only when upon returning from an international trip.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!