Martinez inc has a total debt ratio of 049 total debt of, Ask an Expert

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Martinez, Inc., has a total debt ratio of 0.49, total debt of $330,000, and net income of $42,000.

Required:

What is the company’s total assets? (Do not round intermediate calculations.Round your answer to the nearest whole number (e.g., 32).)

Total assets $

What is the company’s total equity? (Do not round intermediate calculations. Round your answer to the nearest whole number (e.g., 32).)

Total equity $

What is the company’s return on equity? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Return on equity %

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91934190

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