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Author Question: A company has sales of $640,000, net profit after taxes of $23,000, a total asset turnover of 4.17 ... (Read 82 times)

byomi

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on: Mar 29, 2022

Question 1

A company has a net loss for the year of $(10,000,000) and a deficit (negative equity) of $(1,000,000).  ROE will be
◦ 1000% indicating an exceptional opportunity.
◦ 1000% and meaningless.
◦ -1000% indicating that the company is in dire straits.
◦ 10.

Question 2

A company has sales of $640,000, net profit after taxes of $23,000, a total asset turnover of 4.17 and an equity multiplier of 1.67. What is the return on equity?
◦ 25.0%
◦ 9.0%
◦ 8.1%
◦ 4.5%
Fundamentals of Investing ¦ Zutter, Smart ¦ 14th Edition
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Marked as best answer by byomi on Mar 29, 2022

Nutellas_Good

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Reply #1 on: Mar 29, 2022
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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byomi

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Reply 2 on: Mar 29, 2022
Thanks for the timely response, appreciate it

helenmarkerine

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

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