Home / Expert Answers / Finance / if-roten-rooters-inc-has-an-equity-multiplier-of-1-34-total-asset-turnover-of-2-73-and-a-profit-pa608

(Solved): If Roten Rooters, Inc., has an equity multiplier of 1.34, total asset turnover of 2.73, and a profit ...



If Roten Rooters, Inc., has an equity multiplier of 1.34, total asset turnover of 2.73, and a profit margin of 3.8 percent, what is its ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Jack Corp. has a profit margin of 3.5 percent, total asset turnover of 2.9, and ROE of 18.58 percent. What is this firm’s debt-equity ratio?

The 2017 balance sheet of Dream, Inc., showed current assets of $3124 and current liabilities of $1457. The 2018 balance sheet showed current assets of $3075 and current liabilities of $1415.

What was the company’s 2018 change in net working capital, or NWC?



We have an Answer from Expert

View Expert Answer

Expert Answer


1.ROE=Profit margin ? Total asset turnover ? Equity multiplier=3.8%×2.73×1.34=0.1390The ROE is 13.90%.
We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe