Calculate the return on assets

Assignment Help Financial Management
Reference no: EM132329707

Question :

Crane Company reports the following information (in millions) during a recent year: net sales, $10,795.0; net earnings, $325.0; total assets, ending, $5,445.0; and total assets, beginning, $5,380.0.

(a) Calculate the (1) return on assets,

(2) asset turnover, and

(3) pro?t margin.

Reference no: EM132329707

Questions Cloud

Read the descriptions of the five principles : Read the descriptions of the five principles. How do these principles matter to a student, parent, coworker, or leader?
Explain to the owner the unique features of e-commerce : Explain to owner the unique features of e-commerce that will allow Tom's T-shirts to expand to nationwide market. Propose traditional online marketing strategy
Diversification strategy creates a competitive advantage : Explain when a diversification strategy creates a competitive advantage, and when it does not. How are low and high levels of diversification
What tools might you see your staff needing : What tools might you see your staff needing to push forward facilitating this new change?
Calculate the return on assets : Crane Company reports the following information in millions during a recent year: net sales, $10,795.0; net earnings, $325.0; total assets, ending.
Software development and project management : How the use of cloud computing will impact the processes of systems analysis and design, software development and project management?
Feel the purpose of punishment : To what extent do you feel the purpose of punishment is to (a) protect society, (b) punish criminals, or (c) rehabilitate criminals?
What do you like about the principles of management : What specific items from the principles of management will you use most in your professional and personal life?
Strengths and weaknesses in terms of financial position : Based on changes over time and a comparison with industry norms, evaluate the firm's strengths and weaknesses in terms of its financial position.

Reviews

Write a Review

Financial Management Questions & Answers

  Make long term investment decisions for sustainability

Businesses must make long term investment decisions for sustainability.

  What is the variance of returns for this investment

An investment earned the following returns for the years 2013 through 2016:15%, 5%, 30%, and 10%. What is the variance of returns for this investment?

  Compute the fair value of two nearest to expiration futures

Compute the ‘fair’ value of the two nearest to expiration futures contracts on the S&P500 Index (SPX) using SPX as the underlying asset. What interest rate and dividend yield did you use?

  What is chris return on the stock option

The option gives him the right to purchase the stock at $30 per share until May 1st. On May 1st, the price of the stock is $28 per share.- What is Chris' return on the stock option?

  What is the total rate of return on each bond

Currently, the term structure is as follows: 1-year zero-coupon bonds yield 7%, 2-year bonds yield 8%, 3-year bonds and longer-maturity bonds all yield 9%. You are choosing between 1-, 2-, and 3-year maturity bonds all paying annual coupons of 8%. Wh..

  Calculating annuity present values

Calculating Annuity Present Values. An investment offers $6,700 per year for 15 years, with the first payment occurring 1 year from now. If the required return is 8 percent, what is the value of the investment? What would the value be if the payments..

  Describe trend of interest rates over the last several years

Looking at current 2015 numbers, plot the current yield curve from the interest rates of U.S. Treasury securities as found in WSJ or IBD, or examine the chart WSJ or IBD provides. Do not show the curve, but do describe and define it as Normal or inve..

  What was its market debt-to-value ratio

What was Caterpillar’s book debt-to-value ratio? What was its market debt-to-value ratio?

  Calculate the value of the firm and the firms equity

The MoMi Corporation’s income before interest, depreciation and taxes, was $2.5 million in the year just ended, and it expects that this will grow by 5% per year forever. The appropriate market capitalization rate for the unleveraged cash flow is 12%..

  After tax salvage value

Kennedy Air Services is now in the final year of a project. The equipment originally cost $22 million, of which 75% has been depreciated. Kennedy can sell the used equipment today for $5.5 million, and its tax rate is 40%. What is the equipment's aft..

  What is the firm expected rate of return

The market requires an interest rate of 8.2% on these bonds. What is the bond's value? What is the firm's expected rate of return?

  Estimated that the firms future cash flows

An analyst at the Starr Corp. had estimated that the firm's future cash flows for the next five years will equal $80 million per year. If the cost of capital for Starr is 12%, what is the value of Starr Corp.'s planning period cash flows spanning the..

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