What is the total asset turnover ratio

Assignment Help Financial Management

Reference no: EM13934491

A firm has a profit margin of 15% on sales of $20,000,000. If the firm has total assets of $25,000,000, a total debt-equity ratio of 25% and its stock is selling at $36. What is the total asset turnover ratio?

Reference no: EM13934491

Questions Cloud

What are the disadvantages of issuing preferred stock : Preferred stock is not a common source of financing for most firms. However, it should be ignored as a potential source of capital. What is preferred stock and why is it beneficial to corporations? What are the disadvantages of issuing preferred stoc..

What makes chymotrypsin so much more specific : Chymotrypsin was able to hydrolyse the substrate N-benzoyl-L-tyrosine ethyl ester (BTEE) but not able to hydrolyse the substrate p-toluene sulphonyyl-L-arginine methyl ester (TAME).

Meta analysis-role of bicalutamide : A meta analysis is required on the topic below (the role of bicalutamide), the information is provided here in this file as 5000 words which can be used for analysis.also please get as much more data and information can be collected from your own ..

What is average amount of accounts receivable outstanding : If Boyd Corp. has sales of $2 million per year (all credit) and a collection period of 35 days, what is its average amount of accounts receivable outstanding?

What is the total asset turnover ratio : A firm has a profit margin of 15% on sales of $20,000,000. If the firm has total assets of $25,000,000, a total debt-equity ratio of 25% and its stock is selling at $36. What is the total asset turnover ratio?

Robot battle tank to battle against other tanks : Robocode is a programming game, where the goal is to develop a robot battle tank to battle against other tanks. You program a robot using the Java language, put it onto a battlefield and let it fight against opponent robots created by other progra..

As companies move to computer controlled manufacturing : As companies move to computer controlled manufacturing systems, what happens to the mix of product costs (direct material, direct labor, and manufacturing overhead)?

Discuss about a specific infant and toddler disorder : For this assignment you will review a single scholarly article in the APUS Library and summarize what it says about a specific infant and toddler disorder of your choice (Infantile Autism, Tay-Sachs Disease, Sickle Cell Anemia and Cerebral Palsy ..

Analyze the pros and cons of the commonly used measures : Analyze the pros and cons of the commonly used measures ( NPV, IRR, PI, MIRR, DPB) and come to a conclusion based on the literature that you surveyed as to which methods are theoretically correct and those popular. Emphasize real-world practices of c..

User Account

All Pages