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What is its net income

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Questions -

A) A firm has a profit margin of 3.5% and an equity multiplier of 2.5. Its sales are $320 million, and it has total assets of $96 million. What is its ROE?

B) Precious Metal Mining has $10 million in sales, its ROE is 13%, and its total assets turnover is 4×. Common equity on the firm's balance sheet is 50% of its total assets. What is its net income?

C) Thomson Trucking has $24 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 19%, and its return on assets (ROA) is 7.25%. What is its times-interest-earned (TIE) ratio?

Reference no: EM133127616

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