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Author Question: Calgary Corp. recently reported total assets of $27,000 and total common equity of $11,000 on its ... (Read 89 times)

hgjjghgjh

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on: Aug 7, 2023

Question 1

Branch Corp.’s total assets at the end of last year were $525,000 and its net income after taxes was $45,000. What was its return on total assets?

◦

8.22%


◦

8.36%


◦

8.40%


◦

8.57%



Question 2

Calgary Corp. recently reported total assets of $27,000 and total common equity of $11,000 on its balance sheet. If the firm’s current stock price is $42 per share, what is the firm’s equity multiplier?

◦

1.55


◦

1.83


◦

2.10


◦

2.45

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by hgjjghgjh on Aug 7, 2023

ladan86

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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hgjjghgjh

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Reply 2 on: Aug 7, 2023
Thanks for the timely response, appreciate it

carlsona147

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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