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
mezya [45]
3 years ago
13

Henderson's Hardware has an ROA of 11%, a 8% profit margin, and an ROE of 21%. What is its total assets turnover? Do not round i

ntermediate calculations. Round your answer to two decimal places.
Business
1 answer:
Dmitrij [34]3 years ago
8 0

Answer:

Total asset turnover = 1.375

Explanation:

In this question we use the DuPont analysis which is presented below:

Return On Assets = Net Profit Margin × Total asset turnover

0.11 = 0.08 × total assets turnover

So, the total assets turnover would be

= 0.11 ÷ 0.08

= 1.375

Simply we find out the asset turnover by applying the return on assets formula that is displayed above

You might be interested in
The idea that managers tend to communicate more with other managers who share similar beliefs and experiences is indicative of w
Ghella [55]

Answer:

Horizontal Communication Line

Explanation:

Horizontal communication flows as the name implies is form of communication from managers who are on the same level in the organization. This type of trend of communication allows managers to interact with other managers without involving subordinates at the other different levels in the organization.

8 0
4 years ago
Kaiser Industries has bonds on the market making annual payments, with 12 years to maturity, a par value of $1,000, and a curren
MissTica

Answer:

Explanation:

Current price = Annual coupon*Present value of annuity factor(7.2%,12)+$1000*Present value of discounting factor(7.2%,12)

1142.60=Annual coupon*7.85871162+$1000*0.434172763

1142.60=Annual coupon*7.85871162+434.172763

Annual coupon=(1142.60-434.172763)/7.85871162

Annual coupon = $90.14

Coupon rate=Annual coupon/Face value

=$90.14/$1000

=9.01%

7 0
3 years ago
Finance professionals make decisions that fall into three distinctive areas: corporate finance, capital markets, and investments
lianna [129]

Answer:

corporate finance

capital markets

investments

Explanation:

Corporate finance is a branch of finance that is concerned with how companies manage their sources of funds, capital structure and make investment decisions.

Ethan must make a decision on how to minimise cost so as to acquire more assets. the purchase of asset is an investment decision. the area of finance here is corporate finance.

Capital market is a market where buyers and sellers come together to buy and sell financial securities.

There are two types of capital markets :

  1. Primary market - new issues of stocks and securities are traded in this market.
  2. Secondary market -previously issued securities are traded in this market.

Radford is selling a newly issued common stock. He is engaged in the primary market of the capital market

Investment is an asset purchased that has the potential to increase wealth or income of the purchaser.

For example, the purchase of of securities has the potential to increase the wealth of the holder.

Aakash is involved in investment

3 0
3 years ago
Sensitivity analysis is concerned with determining how much variation in financial data, the decision maker can have to affect t
Gnom [1K]
A. True bc the maker can always affect the economic decision as a whole
8 0
3 years ago
The nations of Utopia and Paradise both produce popcorn and cola. They currently do not trade. Below are the Production Possibil
Nadya [2.5K]

Answer and explanation:

The following attached files                                                                                                      

give a comprehensive breakdown of  solutions                                                                    

to the questions                                                                                                                      

   

5 0
3 years ago
Other questions:
  • Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows. Journalize th
    9·1 answer
  • The price of a bond with no expiration date is originally $1,000 and has a fixed annual interest payment of $150. If the price o
    10·2 answers
  • ) if will's print shop competes in a perfectly competitive market and he charges $10 per printing job, what is the marginal reve
    8·1 answer
  • What is the difference between birthrate and death rate
    10·1 answer
  • Suppose buyers of vodka are required to send $5.00 to the government for every bottle of vodka they buy. Further, suppose this t
    6·1 answer
  • On December 31, 2018, the unadjusted balance in Prepaid Insurance was $2580. This was the amount paid in the middle of the year
    14·1 answer
  • Why philanthropy is important?
    8·1 answer
  • But Adriana didn't give up, insisting her team continue to promote the product. She pushed her deployment plan and launched it i
    13·1 answer
  • A company estimates that an average-risk project has a wacc of 10 percent, a below-average risk roject has a cost of capital of
    13·1 answer
  • which of the following varies directly with the interest rate? select an answer and submit. for keyboard navigation, use the up/
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!