Nerf Mania reports net income of $500,000, net sales of $4,000,000, and average assets of $2,000,000. The return on assets is:
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Nerf Mania reports net income of $500,000, net sales of $4,000,000, and average assets of $2,000,000. The return on assets is:
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- Nerf Mania reports net income of $500,000, net sales of $4,000,000, and average assets of $2,000,000. The profit margin is:Antonio Company's net income and net sales are $50,000 and $800,000, respectively, and average total assets are $400,000. What is Antonio's return on assets?Use the following information to build an income statement and answer the following question: Sales of $760,000, current assets of $5,400,000 net fixed assets of $28,100,000, and long-term debt of $10,600,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, current liabilities of $4,100,000, and a tax rate of 21 percent. The firm paid out $150,000 in cash dividends and has 100,000 shares of common stock outstanding. What is the addition to retained earnings? O $143,090 O $140,000 O $145,050 O $153,000
- Amir Company’s net income and net sales are $18,000 and $1,100,000, respectively,and average total assets are $100,000. What is Amir’s return on assets?a. 20.0%b. 18.0%c. 3.7%d. 7.0%A company has sales of $87,400, net income of $20,400, costs sales of $30,000, selling and administrative expenses of $4,100, and depreciation of $6,800. The common-size statement value of EBITDA is percent.Calculate the net income for a company given the following information: Sales revenue = $100,000, Cost of goods sold = $40,000, Operating expenses = $20,000, Interest expense = $5,000, and Income tax rate = 25%.
- Benson, Inc., has sales of $44830, costs of $14,370, depreciatior and interest expense of $2,390. The tax rate if 23 percent. What is the operating cash flow, or OCF?Willard, Incorporated has sales of $26,400, costs of $9,400, depreciation expense of $1,500, interest expense of $925, and a tax rate of 40 percent. Calculate the operating cash flow.Harmony Haven Gifts has sales of $810,200, total assets of $577,900, and a profit margin of 4.3 percent. What is the return on assets? 6.03 percent 4.30 percent O 6.54 percent 3.83 percent 7.01 percent
- If a company has long-term assets of $3,800,000, total assets of $4,100,000, sales of $5,800,000, cost of goods sold of $4,300,000, and net income of $460,000, the return on assets ratio is O 10.7% O 12.1% O 7.9% O 11.2%The balance sheet of Hidden Valley Farms reports total assets of $450,000 and $550,000 at the beginning and end of the year, respectively. Net income and sales for the year are $100,000 and $800,000, respectively. What is Hidden Valley's return on assets? Multiple Choice 10%. 20%. 160%. 18%.Richard's Sporting Goods reports net income of $180,000, net sales of $530,000, and average assets of $1,200,000. The return on assets is: Multiple Choice 15.0%. 2.9 times. 34.0%. 44.2%.