Reference no: EM132775941

1.Find the return on assets if net income was $54,000, total assets are $114,000, EDIT was $99,000, and equity is $73,000. The return on assets is;

a. 45%
b. 51.75
C. 47.4%
D. 53.6 %
E. 47.9%

2.What is the return on equity if net income was $57,000, total assets are $115,000, EBIT was $95,000, and stockholders equity is $79,000.

a. 65%
b. 85.2%
c. 78%
d. 71.5%
e. 72.2%

3.Sales for a firm are $503,000, cost of goods sold are 404,000, and interest expenses are 18,000. What is the gross profit margin?

a. 21.9%
b. 21.5%
c. 19.7%
d. 21.7%
e. 19.5%

4.If net income was 9,700, interest expense was 4,200, and taxes were 1,000, what is the operating profit margin if sales were 50,000?

a. 25.3%
b. 28.9%
c. 30.4%
d. 29.8%
e. 33.7%

5.Sales for a firm are $535,000, cost of goods sold are $372,000, and interest expenses are 16,000. What is the gross profit margin?

a. 27.1%
b. 29.3%
c. 33.6%
d. 29%
e. 30.5%

6.If net income was 10,000, interest expense was 3,610, and taxes were 1,130, what is the operating profit margin if sales were 53,000?

a. 32.5%
b. 29.7%
c. 27.8%
d. 27%
e. 24.2%

7.If net income was 9,000, interest expense was 4,500, taxes were 880, what is the operating profit margin if sales were 47,000?

a. 25%
b. 34%
c. 31%
d. 27%
e. 37%