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Accounting

1) ABC Corp has total assets of= $4,744,288, total debt of= $2,912,000, and net sales of= $7,212,465. Their net profit margin for year is 18%. Compute ABC's ROA?

a. 25.6%

b. 18%

c. 27.4%

d. None of the above

2) GenTech Pharma has reported given information:

Sales/Total assets = 2.89; ROA = 10.74%; ROE = 20.36%

Determine the firm's profit margin and equity multiplier?

a. 7.1%; 0.53

b. 7.1%; 1.90

c. 3.7%; 0.53

d. 3.7%; 1.90

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Accounting Basics, Accounting

Category:- Accounting Basics
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