Submitted May 1, 2023 at 4:28pm
Question 1
0 / 1 pts
Given the following for your firm (a high-end, luxury retailer), for a particular year:
●Net Profit Margin = 13.36%
●Total Asset (Sales) Turnover = 0.87
●Asset/Equity Ratio = 1.14
What is the Return on Equity (ROE)?
You Answered
Correct Answer
13.25
NI=Net Income
Return on Assets = ROA = Net Profit Margin * Total Asset (Sales) Turnover
=(NI/Sales)*(Sales/Total Assets) = NI/Total Assets
Return on Equity = ROE = ROA*(Assets/Equity)
=(NI/Total Assets)*(Total Assets/Equity)
=NI/Equity
Question 2
0 / 1 pts
Given the following for your firm (a "big box" retailer), for a particular year:
●Net Profit Margin = 4.81%
●Total Asset (Sales) Turnover = 2.15
●Asset/Equity Ratio = 1.19
What is the Return on Equity (ROE)?
You Answered
Correct Answer
12.306
NI=Net Income
Return on Assets = ROA = Net Profit Margin * Total Asset (Sales) Turnover
=(NI/Sales)*(Sales/Total Assets) = NI/Total Assets
Return on Equity = ROE = ROA*(Assets/Equity)
=(NI/Total Assets)*(Total Assets/Equity)
=NI/Equity
Question 3
0 / 1 pts
Given the following for your firm (a "big box" retailer), for a particular year:
●Net Profit Margin = 4.10%
●Total Asset (Sales) Turnover = 1.94
●Asset/Equity Ratio = 1.02
What is the Return on Assets (ROA)?
You Answered
Correct Answer
7.954
NI=Net Income
Return on Assets = ROA = Net Profit Margin * Total Asset (Sales) Turnover
=(NI/Sales)*(Sales/Total Assets) = NI/Total Assets
Return on Equity = ROE = ROA*(Assets/Equity)
=(NI/Total Assets)*(Total Assets/Equity)
=NI/Equity
Question 4
0 / 1 pts
Given the following for your firm (a high-end, luxury retailer), for a particular year:
●Net Profit Margin = 13.23%
●Total Asset (Sales) Turnover = 0.59
●Asset/Equity Ratio = 1.20
What is the Return on Assets (ROA)?
You Answered
Correct Answer
7.806
NI=Net Income
Return on Assets = ROA = Net Profit Margin * Total Asset (Sales) Turnover
=(NI/Sales)*(Sales/Total Assets) = NI/Total Assets
Return on Equity = ROE = ROA*(Assets/Equity)
=(NI/Total Assets)*(Total Assets/Equity)
=NI/Equity
