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A company has an ROA of 10 percent a 2 percent profit margin and a return on equity equal to 15 percent. What is the companys total asset turnover and what is the firm's equity multiplier?
Given: ROA = 10%, Profit margin = 2%, ROE = 15% ROA = Profit margin x Asset Turnover Therefore, Asset Turnover = ROA / Profit margin = 10 / 2 = 5% ROE = Profit margin x Asset Turnover x Equity multiplier 15 = 2 x 5 x Equity Multiplier 15 / 10 = Equity Multiplier Equity Multiplier = 1.05
What is profit of 20 percent on 700?
profit of 20 percent on 700 = 14020% of 700= 20% * 700= 20%/100% * 700= 2 * 70= 140
How do you work out percentage profit?
Basically, percent profit is: (selling price - cost) / cost = decimal equivalent of percent profit Ex. If selling price was 4 dollars, and the cost was only 2 dollar, the percent profit is: ( 4 - 2 ) / 2 = 2/2 = 1.0 To convert the resulting decimal equivalent of the percent to an indicated percentage then multiply the value (here 1.0) by 100, or move the decimal point two places rightward. 1.0 = 100% The percentage profit was 100%
How do you get the percent of something?
I do I get the percent of something? Example I have 650 students and 156 are hispanic, how do I figure out the percent?
What is 5 percent of 40km?
Well, honey, 5% of 40km is 2km. So, if you're looking to figure out a fraction of that distance, you've got your answer. Hope that helps, darling!
