What is the company debt ratio

Assignment Help Finance Basics
Reference no: EM132608879

Craft and Creams had R7 035 600 in sales last year. The company's profit for the year was R253 584, its total asset turnover was 2,0 and the company's return on equity (ROE) was 13%. The company is financed entirely with debt and equity. What is the company's debt ratio?

Reference no: EM132608879

Questions Cloud

Protection of organization resources : Strategic risk management is an important aspect of protection of an organization's resources.
Intrinsic value of a bond means fair value or economic : Intrinsic value of a bond means fair value or economic value of a bond. For instance, two bonds are of a same risk and same coupon
Find what amount would be reported by rockhouse : Find what amount would be reported by Rockhouse under the operating activities section in the statement of cash flows for the year ended June 30, 20X5
Describe the most important mathematical work and results : Describe their most important mathematical work and results. In your description, address what the person is most remembered for within the mathematical.
What is the company debt ratio : Craft and Creams had R7 035 600 in sales last year. The company's profit for the year was R253 584, its total asset turnover
IMAT5233 Intelligent Mobile Robotics Assignment : IMAT5233 Intelligent Mobile Robotics Assignment Help and Solution, De Montfort University - Assessment Writing Service - critical awareness of current technique
Calculate the npv and irr for both projects : End of Year Project R Cash Flow ($) Project S Cash Flow ($)
Find what red ox net cash inflows from financing activities : Depreciation expense for the 20X4 fiscal year was $12,000. What are Red Ox's net cash inflows from financing activities for the 20X4 fiscal year?
What is the main mission of each organization : In no less than 4 full double spaced pages (APA style), address each of the following: What is the main mission of each organization?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd