Calculate the firm debt-to-equity

Assignment Help Finance Basics
Reference no: EM131225519

For the year ended June 30, 2014, Northern Clothing Company has total assets of $69,500,000, ROA of 12.07 percent, ROE of 19.31 percent, and a net profit margin of 11.58 percent. What are the company's net income and net sales? Calculate the firm's debt-to-equity ratio.(Round net income and net sales to the nearest whole dollar, e.g. 25 and round debt to equity ratio to 1 decimal place, e.g. 15.2%.)

Reference no: EM131225519

Questions Cloud

What suggestions would you give susan to help her fix : Reading the theme material for the week what would you suggest Joe do to protect his relationship with Susan and her staff? Include in your answer a description of what trust means to a leader, how it creates followers, and how you might change th..
How much money worth today for the lottery : The payout is the following: John gets $2.5 million todayand $2.5 million each year for the next 29 years. How much money worth today for the lottery assuming federal tax rate is 39.6%, state tax is 8% and John's discount rate is 10%?
Important for international firms : Also discuss some of the various international finance topics such as the foreign exchange market, purchasing power parity, interest rate parity, cross rates, and so on. Why is it important for international firms to understand these concepts?
What is the cost of goods sold for lambda corporation : Lambda Corporation has current liabilities of $430,000, a quick ratio of 1.7, inventory turnover of 4.9, and a current ratio of 3.4. What is the cost of goods sold for Lambda Corporation?
Calculate the firm debt-to-equity : Calculate the firm's debt-to-equity ratio.(Round net income and net sales to the nearest whole dollar, e.g. 25 and round debt to equity ratio to 1 decimal place, e.g. 15.2%.)
Explain what is coefficient of correlation : Suppose during weekends, 55 percent of adults go to the beach, 45 percent go to the cinema, and 10 percent go to both the beach and the cinema. What is the probability that a randomly chosen adult does not go to the cinema?
Explain the key elements of recovering from lost assets : Describe and explain the key elements of recovering from lost assets. o What are Internet connected systems? Describe five examples. How does encryption work? Why is it considered a premier tool in IT Security?
What is the value of ending inventory : a. Assuming that Convex sold 20,000 units during the last six months of the year at $14 each, what would gross profit be? b. What is the value of ending inventory?
Calculate the line voltage and current at the load : calculate the line voltage and current at the load for t > 0 for a generator voltage of 1 V.

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