What profit margin must firm achieve

Assignment Help Financial Management

Reference no: EM131518895

Dante Co. wishes to maintain a growth rate of 10.8 percent a year, a debt–equity ratio of 1.2, and a dividend payout ratio of 28 percent. The ratio of total assets to sales is constant at .84. What profit margin must the firm achieve?

Reference no: EM131518895

Questions Cloud

Which are most profitable and which are least and why : Which are most profitable, and which are least - and why? Underestimating COGS can lead to under pricing, which can destroy your ability to earn a profit.

Determining the organizational leadership : A challenge for any business is to ensure the day-to-day business runs successfully while looking to the future to sustain its competitive advantage.

Estimate doubtful accounts : On 30 November, account balances relating to the accounts receivable management function of Minnesota's CitySlickers Hotel.

How high or low is their self-esteem : How high or low is their self-esteem? Is there anything we learned about in this chapter that might explain why they have that level of self-esteem

What profit margin must firm achieve : The ratio of total assets to sales is constant at .84. What profit margin must the firm achieve?

Identify the federal guidelines-statutory : Describe some of the cases influential in bringing about the federal government's involvement in the use of tests in the forensic setting.

Determining the prospective job seeker : Assume that you're a prospective job seeker (which you may very well be). What do you personally see as the advantages and disadvantages of taking.

Assume semiannual compounding : what was your total return for the past year? Assume semiannual compounding.

Describe difference between adjusting and closing entries : Given the following information for Dunedin's CityCentre Hotel, post relevant adjusting entries to CityCentre's general ledger. Assume 30 June is the year-end.

User Account

All Pages