Compute the? firm 2016 net operating income

Assignment Help Finance Basics
Reference no: EM132390776

In? 2016, the Allen Corporation had sales of $70 ?million, total assets of $42 million, and total liabilities of $24 million. The interest rate on the? company's debt is 5.8 percent, and its tax rate is 35 percent. The operating profit margin is 13 percent.

a. Compute the? firm's 2016 net operating income and net income.

b. Calculate the? firm's operating return on assets and return on equity.?

Reference no: EM132390776

Questions Cloud

What is the most significant part of evaluation : How does evaluation play a role in fostering student independence in the classroom? What is the most significant part of evaluation in order to create student.
Explain the medical model and moral model : Several models are prominent in the field of addictions; these models include the medical model, moral model, and the biopsychosocial model.
What was his rate of? return : Lance decided to sell it on? e-Bay and only received ?$5,000 for? it, and so he took a loss on the investment. What was his rate of? return
Object-relational brokers-data warehousing : Some examples: database administration, Big Data, NoSQL databases, Object-Relational Brokers, data warehousing, database frontend tools
Compute the? firm 2016 net operating income : a. Compute the? firm's 2016 net operating income and net income. b. Calculate the? firm's operating return on assets and return on equity.?
What is its average collection? period : a. If? Brenmar's accounts receivable equal $562,100?, what is its average collection? period? b. If Brenmar reduces its average collection period to 15 days
What percentage of the? firm assets : a. What percentage of the? firm's assets does the firm finance using debt? (liabilities)?
What is the yield to maturity on bond : The Saleemi? Corporation's $1,000 bonds pay 11 percent interest annually and have 12 years until maturity. You can purchase the bond for $875
Differences in the terminology between the formats : What core lesson planning components are in both templates? What are at least two similarities and two differences in the terminology between the formats?

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