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Needham pharmaceuticals has a profit margin of 3 percent and an equity multiplier of 2.0 its sales are 100 million and it has total assets of 50 million what is its roe?
Wiki User
∙ 12y ago
ROE= profit margin × total assets turnover × equity multiplier
ROE= ( Net income / sales ) × ( sales / total assets ) × ( total assets / common equity )
ROE= 3% × ( 100/50)×2
ROE = 3% × 4 = 12 %
moon star
Wiki User
∙ 12y agoAnswer: What is its ROE? ROE = 12% (ROE= ROA x Equity Multiplier)
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If the money multiplier is 4, what is the required reserve ratio (RRR)?
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To decrease a number by 3.9 percent, multiply it by 0.961
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30 percent of 3.6 million = 1,080,000
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0.04 percent of 1 million is 400.
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0.027
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If a company's return on equity is 10 percent its profit margin is 5 percent and its asset turnover is 1.57 what is it's equity multiplier?
EQUITY MULTIPLIER=Total Assets / Total Stockholders' Equity
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How do you solve for equity multiplier with ROA 10 percent profit margin 2 percent and ROE 15 percent?
Equity Multiplier ROA*Equity Multiplier=ROE so, (10%)*(x)=(15%), therefore, Equity Multiplier=15%/10%= 1.5 times Total Asset Turnover Profit Margin*Total Asset Turnover = ROA, so (2%)*(x)=10%, therefore Total Asset Turnover=10%/2%= 5 times
If the money multiplier is 4, what is the required reserve ratio (RRR)?
25 percent
What is the decimal multiplier to decrease by 3.9 percent.?
To decrease a number by 3.9 percent, multiply it by 0.961
What is the equivalent of150 percent?
1.5 (as a multiplier), 3/2 and any multiples etc...
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 the percent of 22 million?
22 million = 2,200 million percent
