A firm has a (net profit/pretax profit) ratio of 0.6, a leverage ratio of 2, a (pretax profit/EBIT) of 0.6, an asset turnover ratio of 2.5, a current ratio of 1.5, and a return on sales ratio of 4%.The firm's ROE is
A) 4.2%.
B) 5.2%.
C) 6.2%.
D) 7.2%.
E) None of the options
Correct Answer:
Verified
Q30: A firm has an ROA of 14%,
Q32: Which of the following ratios gives information
Q33: The financial statements of Black Barn Company
Q34: A firm's current ratio is above the
Q35: The financial statements of Black Barn Company
Q36: The financial statements of Black Barn Company
Q38: Ferris Corp.wants to increase its current ratio
Q40: A measure of asset utilization is
A)sales divided
Q41: The financial statements of Midwest Tours are
Q59: _ is a true statement.
A) During periods
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents