What is this firm debt-equity ratio

Assignment Help Financial Management
Reference no: EM131177988

Jiminy Cricket Removal has a profit margin of 11 percent, total asset turnover of 1.01, and ROE of 14.45 percent.

Required: What is this firm’s equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Equity multiplier times

What is this firm’s debt-equity ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Debt-equity ratio times

Reference no: EM131177988

Questions Cloud

Rate of return and bond value : In March 2012, Daniela Motor Financing (DMF), offered some securities for sale to the public. Under the terms of the deal, DMF promised to repay the owner of one of these securities $300 in March 2037, but investors would receive nothing until then. ..
How much in total dividends did the company pay : For the most recent year, Seether, Inc., had sales of $444,000, cost of goods sold of $218,700, depreciation expense of $58,400, and additions to retained earnings of $50,600. How much in total dividends did the company pay? What was the company's in..
Communicating with consumers-marketers need to avoid : Regardless of the medium used for communicating with consumers, marketers need to avoid: creating products that consumers do not use. confusing and inconsistent messages across multiple channels. developing products that cost too much. creating prici..
What is the company total equity : Martinez, Inc., has a total debt ratio of 0.49, total debt of $330,000, and net income of $42,000. What is the company’s total assets? What is the company’s total equity?
What is this firm debt-equity ratio : Jiminy Cricket Removal has a profit margin of 11 percent, total asset turnover of 1.01, and ROE of 14.45 percent. What is this firm’s equity multiplier? What is this firm’s debt-equity ratio?
Research indicates that the organziational culture : Research indicates that the organziational culture. has very little impact on the individual employee's ethical behavior. has significant influence on the individual employees's ethical behavior.
What was the company change in net working capital : The December 31, 2013, balance sheet of Maria’s Tennis Shop, Inc., showed current assets of $1,115 and current liabilities of $920. The December 31, 2014, balance sheet showed current assets of $1,330 and current liabilities of $1,005. What was the c..
Several bond issues outstanding : Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the following table. If the corporate tax rate is 35 percent, what is the aftertax cost of Ying's debt?
What is the company target debt-equity ratio : Fama's Llamas has a weighted average cost of capital of 11.5 percent. The company's cost of equity is 17 percent, and its pretax cost of debt is 8 percent. The tax rate is 33 percent. What is the company's target debt-equity ratio?

Reviews

Write a Review

Financial Management Questions & Answers

  Express total interest as percent of the principal borrowed

Consider a loan for $8000 for a period of 3 years at 7% interest with payments made annually. Build the amortization schedule for this loan. How much total interest is paid on this loan? Express the total interest as a percent of the principal borrow..

  Accounting and financial statements

Demonstrate an understanding of governmental and not-for-profit accounting and financial statements. Analyze transactions unique to governmental and not-for-profit entities to determine potential outcomes

  Considering a project with the data

You are considering a project with the following data: IRR = 8.7 percent; PI = .98; NPV = -$393; Payback period = 2.44 years. Which one of the following statements is correct given this information? This project should be accepted based on the profit..

  What price should shares of framingham stock be selling

The Framingham Company expects to grow at 4% indefinitely. Economists are currently asserting that investment opportunities in short term government securities (Treasury bills) are readily available at a risk free rate of 5%. The firm recently paid a..

  Change in dividend than with actual amount of dividend

Dividends tend to fluctuate in direct relation to changes in annual earnings. Managers are less concerned with the change in the dividend than with the actual amount of the dividend. Managers tend to avoid smooth dividends as they don't signal the fi..

  Make annual interest payments at the end of the year

Kevin hams plans to borrow 8000 for five years. The loan will be repaid with a single payment after five years, and the interest on the loan will be computed using the simple interest method at an annual rate of 6 percent. How much will Kevin have to..

  About spending your entire life working

You are not thrilled about spending your entire life working. So, you have decided that you will save $5 thousand a year, starting at the end of this year, and retire as soon as you can accumulate $1 million. If you can earn an average of 8.45 percen..

  What is the internal growth rate

last years lakesha's lounge furniture corporation had an ROA of 10% and a dividend payout ratio of 25%. What is the internal growth rate?

  Purchased the stock without margin

In the previous problem, suppose you sell the stock at a price of $62. What is your return? What would your return have been had you purchased the stock without margin? What if the stock price is $46 when you sell the stock?

  What is the net cash flow in one year

Suppose that the annual interest rate is 2.0 percent in the United States and 4 percent in Germany, and that the spot exchange rate is $1.60/€ and the forward exchange rate, with one-year maturity, is $1.58/€. Assume that an arbitrager can borrow up ..

  Concerns effect of taxes on the various break-even measures

This problem concerns the effect of taxes on the various break-even measures. Consider a project to supply Detroit with 25,000 tons of machine screws annually for automobile production. Calculate the accounting, cash, and financial break-even quantit..

  The firms total capital budget

The sales forecast may be presented as. If the pro forma balance sheet indicates that the projected assets exceeds the projected liabilities and equity, The firm's total capital budget is the:

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