1) XYZ Corporation has given ratios: Total Asset Turnover of 1.6 Total debt to total assets of 0.5 Current Ratio of 1.7 Current Liabilities of $2,000,000 Sales of $16,000,000. Determine the amount of present assets?
2) Classic has total sales= $213, asset= $93, return on equity=22%, and net profit margin= 6%. Compute the amount of equity?
3) You have put $12,000 ten years ago into the investment that has now rises to $46,000. This investment pays interest on the quarterly basis. Determine annual nominal rate of return and effective per annum rate of return?