1 raymond corps sales last year were 48500 and its total, Ask an Expert

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1. Raymond corp's sales last year were $48,500, and its total assets were $19,800, total debt $10,000 and marginal tax rate 40%. What was the total assets turnover ratio (TATO)?

2. last year ross inc. had sales of 330,000 and a net income of $20,000, and its year end assets were 250,000. The firm's total debt to total assets ratio was 40.00%. Based on the Dupoint equation, what was the ROE?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92782693

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