Solution-Beckinsale inc has a profit margin of 6.9 percent

Beckinsale inc has a profit margin of 6.9 percent on sale

Reference no: EM13987442

Beckinsale, Inc., has a profit margin of 6.9 percent on sales of $24,200,000. Assume the firm has debt of $9,500,000 and total assets of $16,100,000.

Required:

What is the firm's ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

ROA _______%

Reference no: EM13987442

Questions Cloud

What is bounded rationality : What is "bounded rationality"? Arthur suggests that decision makers conceive and nurture an "ecology of focal predictors" to deal with complexity of the unknown. Explain Arthur's ideas using the following scenario: Forecast the Dow Jones Average for ..

Conduct additional research on global business teams : Conduct additional research on global business teams and China and India’s role in global markets. Why do global business teams fail? Under what circumstances would you select China or India as part of your team? Why? What steps would you take to get..

What is a ddos and what is its structure : Research Botnets: What is a DDOS? What is its structure? What protocols and systems do attackers use to control and update botnets today

Major variables influencing control in a global economy : Discuss the major variables influencing control in a global economy. Also, what are the major complaints of managers in subsidiary companies about the control practices of headquarters?

Beckinsale inc has a profit margin of 6.9 percent on sale : Beckinsale, Inc., has a profit margin of 6.9 percent on sales of $24,200,000. Assume the firm has debt of $9,500,000 and total assets of $16,100,000. What is the firm's ROA? (Do not round intermediate calculations. Enter your answer as a percent roun..

Certain in rapid expansion of international markets : Change is certain in the rapid expansion of international markets. Discuss several major changes that have already occurred, and give examples to show your understanding. Include in this discussion your forecast of what an international marketing man..

Find the total moment of inertia of the wheel including : A bicycle wheel has a radius of 0.33 m and a rim whose mass is 1.2 kg. The wheel has 50 spokes, each with a mass of 0.010 kg. Calculate the moment of inertia of any one spoke assuming it to be a long, thin, rod that can rotate about one end.

List six main objectives of public relations efforts : Write a four- to five-page paper that answers the following questions. List six main objectives of public relations efforts. Using a company that sells a product you purchase or provides a service you use, explain how it could try to achieve each of ..

Define the influencer marketing techniques : List and define the influencer marketing techniques used by organizations—professional influencer programs, peer-to-peer influencer programs, buzz and viral marketing, and the cultivation of connectors. Which one would generate the most conversation ..

User Account

All Pages

Beckinsale inc has a profit margin of 6.9 percent on sale

Reference no: EM13987442

Reference no: EM13987442

Questions Cloud

Reviews

Write a Review

Finance Basics Questions & Answers

Financial reporting and analysis

A report on financial accounting

Describe the types of financial ratios

Differences between sole proprietorship and corporation

Prepare a cash budget statement

What are the implied interest rates

State pricing theory and no-arbitrage pricing theory

Small business administration

Effect of financial leverage

Evaluate the basis for the payment to the lender

Importance of opps, ipps, mpfs and dmepos

Time value of money

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT