What is the company net income

Assignment Help Finance Basics
Reference no: EM13263914

Recreational Supplies Co. has net sales of $10,815,310, an ROE of 21.06 percent, and a total asset turnover of 3.00 times. If the firm has a debt-to-equity ratio of 1.34, what is the company's net income?

Reference no: EM13263914

Questions Cloud

Convert the designed prototype filter to highpass filter : 1. Compare a script tool such as Matlab to a block tool like Simulink and how you can use them efficiently. 2. Convert the designed prototype filter to highpass filter with cutoff frequency f_C=10,000 Hz.
How much does dynamo currently pay in interest : How much does Dynamo currently pay in interest, and how much will it have to pay after the restructuring in the prior problem, assuming that the cost of debt is constant?
What height does the sphere come to rest : A sphere with mass 0.3 kg and radius 0.05 cm is rolling without slipping along a horizontal surface at a speed of 10 m/s. What height does the sphere come to rest
Determine the transfer function of the prototype filter : Convert the designed prototype filter to highpass filter with cutoff frequency f_C=10,000 Hz, with 30 db attenuation at f_S=1000 Hz. Determine the transfer function of the filter.
What is the company net income : Recreational Supplies Co. has net sales of $10,815,310, an ROE of 21.06 percent, and a total asset turnover of 3.00 times. If the firm has a debt-to-equity ratio of 1.34, what is the company's net income?
Calculate the firms sales and roa : Grossman Enterprises has an equity multiplier of 2.31 times, total assets of $2,014,436, an ROE of 16.50 percent, and a total assets turnover of 2.41 times. Calculate the firm's sales and ROA.
What are ciscos net income : Cisco Systems has total assets of $4.439 billion, total debt of $2.667 billion, and net sales of $1.721 billion. Its net profit margin for the year is 20 percent, while the operating profit margin is 22 percent. What are Cisco's net income, EBIT R..
Calculate terminal voltage and developed torgue of motor : A six pole,60 Hz synchronous motor is connected to an infinit bus of 15 KV through a transmission line.The synchronous reactance of the motor is 5 ohm ,and the inductive reactive reactance of the transmission line is 2 ohm
What is the cash flow for nimitz rental : For the year ended March 31, 2011, the company had revenues of $953,757, general and administrative expenses of $313,753, depreciation expenses of $131,455, leasing expenses of $108,195, and interest expenses equal to $78,122. If the company's tax..

Reviews

Write a Review

Finance Basics Questions & Answers

  Triangular arbitrage profit

Suppose you're a trader with Deutsche Bank. From the quote screen on your computer terminal, you notice that Dresdner Bank is quoting ?0.7627/$1.00 and Credit Suisse is offering SF1.1806/$1.00.

  Determine the npv at time period zero of the cash flows

Recall that this step determines the amount that could be deposited today, to satisfy the education funding need

  Libraries of future

Given emerging information technology, there's controversy regarding the continuing viability of this marketing concept. One view of how the concept might continue to evolve is from renowned futurist, Thomas Frey. Using the following websites:

  How much money will you invest in stock x and stock y?

You have $12,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock Y with an expected return of 10 percent. Assume your goal is to create a portfolio with an expected return of 12.30 percent.

  Computation of number of stocks and stock price

Computation of number of stocks and stock price and Assume there is no capital gains tax

  What is operating cash flow for this project

Explain what is the operating cash flow for this project - evaluate a project that will increase annual sales

  Standard deviation or coefficient of variation

Based solely on coefficient of variation, which investment is less risky and given that the expected rates of return are not equal, which is a better measure - standard deviation or coefficient of variation?

  What capital loss will boston report on this transaction

Boston depreciates oil rigs straight line over 10 years assuming no salvage value. The rig was just sold to Viking Petroleum for $34,000,000. What Capital Gain/Loss will Boston report on this transaction?

  What is the implied annual return or yield on investment

who is prone to bearing substantial risk, suggests that you buy a security for $10,000 that promises to pay you $100,000 at the end of 15 years. What is the implied annual return or yield on this investment?

  What be the firm component cost of preferred stock

Firm has preferred stock selling for 95% of par that pays an annual 8% coupon . what be the firm's component cost of preferred stock?

  Determine the inflation premium on the treasury bill

Assume that the interest rate on a one-year Treasury bill is 6 percent. and the rate on a two-year Treasury note is 7 percent.

  Is there an arbitrage opportunity here

An 8-month forward contract on a stock is currently priced at $84. The stock currently sells for $80. Assume that the risk-free rate of interest (with continuous compounding) is 10% per annum. Assume that dividends of $0.90 per share are expected ..

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