What is this firms debt

What is this firms debt–equity ratio

Assignment Help Financial Management

Reference no: EM13846724

Kindle Fire Prevention Corp. has a profit margin of 4.8 percent, total asset turnover of 2.0, and ROE of 19.34 percent. What is this firm’s debt–equity ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Debt–equity ratio

Reference no: EM13846724

Questions Cloud

Assumed conversion of stock options : When computing diluted EPS, do not weight any assumed conversion of stock options, convertible preferred stock, and convertible bonds for stock dividends declared during the year. In other words, use the same format reflected in the solutions to the ..

What is the cost of goods sold for the company : Saunders Corp. has current liabilities of $500,000, a quick ratio of 0.92, inventory turnover of 6.8, and a current ratio of 1.3. What is the cost of goods sold for the company?

What was the cash coverage ratio for the year : Hedgepeth Inc.’s net income for the most recent year was $16,185. The tax rate was 40 percent. The firm paid $3,906 in total interest expense and deducted $2,585 in depreciation expense. What was the cash coverage ratio for the year?

The ethical implications of insider trading : Write a 3-5 page essay about the ethical implications of insider trading. Financial statements and information are very important to investors. If some of this information is used or shared before it is released to the public, this could cause substa..

What is this firms debt–equity ratio : Kindle Fire Prevention Corp. has a profit margin of 4.8 percent, total asset turnover of 2.0, and ROE of 19.34 percent. What is this firm’s debt–equity ratio?

Compute the balance in retirement account : Stock returns and your retirement account: Suppose your retirement account has a balance today of $25,000 and you are 20 years old. If you are invested in a diversified portfolio of stocks, you might hope that the historical return of about 6% contin..

What is the total amount jennifer must repay at maturity : On September 14, Jennifer Rick went to Park Bank to borrow $2,500 at formula9.mml interest. Jennifer plans to repay the loan on January 27. Assume the loan is on ordinary interest. What interest will Jennifer owe on January 27? What is the total amou..

Spot rate-estimate the profit or loss per unit : The spot rate of the New Zealand dollar is $.70. A call option on New Zealand dollars with a 1-year expiration date has an exercise price of $.71 and a premium of $.02. A put option on New Zealand dollars at the money with a 1-year expiration date ha..

What is the price per share of bremmers stock : If Bremmer's eranings per share is $1.35, what is the price per share of Bremmer's stock? Using the price per share in part (A) determine the price per book ratio if Bremmer's equity book value per share is $9.58.

User Account

All Pages