What is its return on equity

Assignment Help Financial Management
Reference no: EM132016043

Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 1.7. Its sales are $120 million and it has total assets of $52 million. What is its Return on Equity (ROE)? Round your answer to two decimal places.

Reference no: EM132016043

Questions Cloud

What is the company total assets turnover : Gardial & Son has an ROA of 8%, a 4% profit margin, and a return on equity equal to 13%. What is the company's total assets turnover?
What is the project net present value : If the company chooses to drill today, what is the project's net present value?
United states stock markets for the next decade : Discuss the signs that you see for the future of The United States stock markets for the next decade.
What is the adjusted present value of the project : All principal will be repaid in one balloon payment at the end of the sixth year. What is the adjusted present value (APV) of the project?
What is its return on equity : Its sales are $120 million and it has total assets of $52 million. What is its Return on Equity (ROE)?
What is the price of the stock at the end of the third year : What is the present value of the 3rd year dividend? What is the price of the stock at the end of the 3rd year?
General level of compensation for bearing systematic risk : What does this suggest about the general level of compensation for bearing systematic risk?
What is its wacc based on book value : The firm uses the CAPM to estimate the cost of equity. What is its WACC based on book value?
Calculate the weighted average cost of capital for DSI : Calculate the weighted average cost of capital (WACC) for DSI. Under which circumstance can the WACC be used in investment appraisals

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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