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Jet001 [13]
3 years ago
15

DTO, Inc., has sales of $24 million, total assets of $21.1 million, and total debt of $8.2 million. Assume the profit margin is

10 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.)
Business
1 answer:
Scrat [10]3 years ago
4 0

Answer:

a. Net income = Sales * profit margin

= $24 million * 10%/100

= $2.4 million

b.  ROA = Profit / Total Assets

= $2.4 million / $21.1 million

= 0.11374

= 11.374%

c.  ROE = Profit / (Total Assets - Debt)

= $2.4million / ($21.1million - $8.2million)

= $2.4million / $12.9 million

= 0.186

= 18.6%

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Answer:

IRR = 13.05%

Explanation:

using an excel spreadsheet, the cash flows are:

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year 1 = $425,000

year 2 = $425,000 x 1.08 = $459,000

year 3 = $459,000  x 1.08 = $495,720

year 4 = $535,378

year 5 = $578,208

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year 8 = $728,375

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year 11 = ($849,577  x 1.08) - $480,000 = $917,543 - $480,000 = $437,543  

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3 years ago
In order to make a resume persuasive and not self-centered omit the use of the word ____.
KengaRu [80]
In order to make a resume persuaisive and not self-centered omit the use of the word I,ME and My

so the answer is: D all of the above
7 0
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Read 2 more answers
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sukhopar [10]

<u>Answer:</u>

<em>If there is a major problem in a country that leads to the rapid withdrawal of foreign investment, this is known as​ International financial crisis </em>

<em></em>

<u>Explanation:</u>

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Answer:

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I hope my answer helps you

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