Determine the profit margin for this firm

Assignment Help Accounting Basics
Reference no: EM133140067

Question - Assume that a firm has sales of $11,700,000, total assets of $4,500,000, total common equity of $1,635,000, and an ROE of 37.4985 percent. Given this information, and using the DuPont equation, determine the profit margin for this firm.

Reference no: EM133140067

Questions Cloud

What is the effective rate that your account is earning : If a bank gives you an interest rate of 6% per year compounded monthly, what is the effective rate that your account is earning per year
Negotiating achievable project scope : Suggest one strategy for negotiating an achievable project scope without damaging the relationship with business units.
Visualization or infographic and imagine contextual factors : Select example visualization or infographic and imagine contextual factors have changed. what ideas do you have for potentially making it usefully interactive.
Determine what the current price of this stock should be : Assume that a share of stock has just paid an annual dividend of $3.00 (Do), Determine what the current price of this stock should be
Determine the profit margin for this firm : Assume that a firm has sales of $11,700,000, total assets of $4,500,000, total common equity of $1,635,000, Determine the profit margin for this firm
Advocating centralized management of IT function : An article advocating centralized management of the IT function. An article advocating user-dominated management of IT.
What do the managers learn from the cash budget : Half of the $438,000 in sales from last quarter will be collected during Q2. What do the managers learn from the cash budget for Q2
Calculate gregs net capital gain : Calculate Gregs Net Capital Gain or Loss. If the 50% discount applies, please state that this is the case and apply it without going into details
Compute the consolidated net income attributable to parent : Goodwill impairment attributable to the controlling interest is P13,500. Compute the consolidated net income attributable to the parent

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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