What is the return on equity

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Reference no: EM132988352

Questions -

Q1. A firm has 650,000 shares of stock outstanding, sales of AED 900 million, net income of AED 6 million, a price-earnings ratio of 8, and a book value per share of AED 45. What is the market-to-book ratio?

Q2. The following information is from Dejlah, Inc.'s, financial statements. Sales (all credit) were AED 800 million for 2020.

Sales to total assets 2 times

Total debt to total assets 30%

Current ratio 3.0 times

Inventory turnover 5.0 times

Average collection period 18 days

Fixed asset turnover 5.0 times

Fill in the balance sheet:

Cash.....................................

Accounts receivable ............

Inventory .............................

Total current assets ...........

Fixed assets .........................

Total assets _____

Current debt ..........................................

Long-term debt......................................

Total debt ............................................

Equity ....................................................

Total debt and equity ..........................

Q3. RAM has net income of AED 12 million a profit margin of 6 percent, and an accounts receivable balance of AED 15 million. What is the collection period?

Q4. A firm has a debt-total asset ratio of 75 percent, net income 20 million and total assetsAED 800 million. What is the return on equity?

Reference no: EM132988352

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