WebDTO Corporation manages natural resources trading between Africa and Greater China. Our established relationships with sources in Nigeria and other West African nations help us … WebAnswer #1 Net Income = Sales x Profit margin ratio = $17,500,000 x 6% = $ 1,050,000 Return on assets = Net Income / Average total assets = $ 1,050,000 / $13,100,000 = 0.0802 or 8.02% Total equity = Total assets – Total debt = $13,100,000 - $5,700,000 = $ 7,400,000 Return on equity = Net Income / Shareholder’s Equity = $1,050,000 / $ 7,400,000
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WebQuestion 2 : DTO, Inc., has sales of $18 million, total assets of $16.7 million, and total debt of $7.2 million. Assume the profit margin is 5 percent. a. What is the company's net income? (Do not round intermediate calculations. Enter your answer in dollars not in millions, e.g., 1,234,567.) b. What is the company's ROA? Web65 percent of sales are on credit, what is the company’s days’ sales in receivables? Days’ sales in receivables = 365/15 = 23 days. 20. Ratios and Fixed Assets [LO2] The Maurer … gallop fly rug reviews
DTO, Inc., has sales of $16 million, total assets of $14.1 million, …
WebMay 18, 2024 · Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. These returns cover a period from January 1, 1988 through February … WebFREE Answer to DTO, Inc., has sales of $16 million, total assets of $14.1 million, and total debt of... WebDTO, Inc., has sales of $16.7 million, total assets of $12.9 million, and total debt of $5.7 million. Assume the profit margin is 5 percent. a. What is net income? Answers One : … black challenger with gold wheels