California State UniversityOperations And Supply Chain Management Assignment Help - Corporate Finance
Question - 1.
Yoyodyne, Inc., has sales of $6,209, total assets of $2,825, and a debt'equity ratio of 1.10. If its return
on equity is 11 percent, what is its net income? (Do not round intermediate calculation and round
your final answer to 2 decimal places. (e.g., 32.16))
2. Dexter Forensics, Inc. has a long-term debt ratio of 0.35 and a current ratio of 1.50. Current
liabilities are $910, sales are $6,330, profit margin is 9.2 percent, and ROE is 19.6 percent. What is
the amount of the firm's net fixed assets? (Do not round intermediate calculations and round your
final answer to 2 decimal places. (e.g., 32.16))
Net Fixed Assets=??
Lacuna Inc.'s net income for the most recent year was $17,085. The tax rate was 34 perc ...Read More
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