What is the companys total asset turnover

Assignment Help Financial Management
Reference no: EM131442398

The Dahlia Company has net income of $166,850. There are currently 32.25 days’ sales in receivables. Total assets are $855,000, total receivables are $148,000, and the debt–equity ratio is .60.

What is the company’s profit margin? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Profit margin             %

What is the company’s total asset turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Total asset turnover             times

What is the company’s ROE? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

ROE             %

Reference no: EM131442398

Questions Cloud

What is your cost of funds on new loan if you plan to prepay : You purchased your current home with a loan of $400,000 exactly seven years ago. At that time you secured a 6.04% interest, 30-year mortgage. What is your cost of funds on the new loan if you plan to prepay it at the end of year five?
What is the price–sales ratio : That Wich Corp. had additions to retained earnings for the year just ended of $306038. The firm paid out $189568 in cash dividends, and it has ending total equity of $4983075. The company currently has 150,000 shares of common stock outstanding. The ..
What are dividends per share : That Wich Corp. had additions to retained earnings for the year just ended of $397373. The firm paid out $191215 in cash dividends, and it has ending total equity of $4772974. The company currently has 150,000 shares of common stock outstanding. What..
What is the price-earnings ratio : That Wich Corp. had additions to retained earnings for the year just ended of $378105. The firm paid out $186978 in cash dividends, and it has ending total equity of $4600340. The company currently has 150,000 shares of common stock outstanding. If t..
What is the companys total asset turnover : The Dahlia Company has net income of $166,850. There are currently 32.25 days’ sales in receivables. Total assets are $855,000, total receivables are $148,000, and the debt–equity ratio is .60. What is the company’s total asset turnover? What is the ..
The firm achieve in order to meet its growth rate goal : Fulkerson Manufacturing wishes to maintain a sustainable growth rate of 9 percent a year, a debt–equity ratio of .51, and a dividend payout ratio of 27 percent. The ratio of total assets to sales is constant at 1.24. What profit margin must the firm ..
About the revenue manipulation : For this discussion topic, use information presented in the Treacy and Sims article to form opinions and explain revenue manipulation. Answer these questions: How and why might management and the board of directors create a culture that encourages th..
What is this firms debt–equity ratio : Jiminy Cricket Removal has a profit margin of 8 percent, total asset turnover of 1.12, and ROE of 14.34 percent. What is this firm’s debt–equity ratio?
What is the receivables turnover : Ordonez Lumber Yard has a current accounts receivable balance of $448,016. Credit sales for the year just ended were $9,153,500. What is the receivables turnover? What is the days’ sales in receivables?

Reviews

Write a Review

Financial Management Questions & Answers

  Rate of return on the bonds realized by the investor

One year ago, a bank invested a sum of SEK 1 million in newly issued bonds, denominated in the same currency, with maturity five years hence. The bonds pay a yearly interest coupon calculated at the rate of 5% , and were issued at par. What would be ..

  What happens to the value of the bond

Suppose you buy a 7 percent coupon, 20-year bond today when it's first issued. If interest rates suddenly rise to 15 percent, what happens to the value of the bond? Why?

  What is the projects net present value if required rate

A project is expected to create operating cash flows of $29,500 a year for three years. The initial cost of the fixed assets is $61,000. These assets will be worthless at the end of the project. An additional $4,500 of net working capital will be req..

  What is the intrinsic value of share-holding-period return

The risk-free rate of return is 7.0%, the expected rate of return on the market portfolio is 15%, and the stock of Xyrong Corporation has a beta coefficient of 1.6. Xyrong pays out 30% of its earnings in dividends, and the latest earnings announced w..

  Central bank strategy of achieving a certain value

_____ is a central bank strategy of achieving a certain value (target) of the annual growth rate of a monetary aggregate and _____ is, among several elements, an institutional commitment to price stability as the primary, long-term goal of monetary p..

  What are net cash flows of the project for year

Cochrane, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $2,520,000. The fixed asset will be depreciated straight-line to zero over its three-year tax life. What are the net cash flows of th..

  What is present worth for the optimum investment portfolio

This problem has been submitted once already but the solution did not provide me any feedback to my how the calulations are made. I am looking to uncover how the present worth of each investment option was solved for? Which alternatives should Polari..

  Firm is considering a project that has initial investment

A firm is considering a project that has an initial investment of $140,000 and is expected to produce cash inflows of $26,250 per year for 10 years. The firm’s cost of capital is 10.3%. What is the project’s IRR? Based on this, should the project be ..

  Analyze various aspect of finance that management understand

Explain various aspect of finance that management must understand. Describe why manager needs to understand the characteristics and importance of financial markets including their liquidity, competitiveness, and efficiency.

  Shares of preferred stock outstanding

Bill's Boards has 20.3 million shares of common stock outstanding, 4.3 million shares of preferred stock outstanding, and 23.00 thousand bonds. If the common shares are selling for $30.30 per share, the preferred share are selling for $17.30 per shar..

  The yield rate on a one year zero-coupon bond is currently

The yield rate on a one year zero-coupon bond is currently 7% and the yield rate on a 2 year zero coupon is currently 8%. The treasury plans to issue a two year bond with a 9% annual coupon, maturing at $100 par value. Determine the yield to maturity..

  Is it better off to pay a loan monthly or annually

Assume a car loan amount of $100,000, with annual interest rate 3% and 5 years term. Calculate annual payment amount. Calculate monthly payment amount. Is it better off to pay a loan monthly or annually? Why?

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