You are doing some financial analysis research for your work and managed to get (incomplete) data. You will use this data to deduce the required information. You can assume 365 days in a year. (a) Alpha Co. reported a cost of goods sold of $64,380.00 and an accounts payable balance of $16,700.00 last year. Compute the average time taken to pay suppliers. Discuss the significance of a long days' costs in payables for the firm. (5 marks) (b) Bravo Ltd. equity multiplier is 1.93 , its total asset turnover is 2.65 , and its profit margin is 4.20 percent. Compute the Return on Equity (ROE). Explain the impact on ROE, should the total asset turnover decline next year. (5 marks) (c) Charlie Inc. has a profit margin of 7.90 percent, a total asset turnover of 1.54, and a Return on Equity (ROE) of 13.47 percent. Solve for the debt-equity ratio. (5 marks) (d) Delta GMBH's ROE is 8.9 percent. Sales are $2,956,000.00. Total debt ratio is 0.3743 . Total debt is $964,000.00. Determine the return on assets (ROA)
Other questions asked by students
TPW, a calendar year taxpayer, sold land with a $542,000 taxbasis for $785,000 in...
A company's 7% coupon rate, semiannual payment, $1,000 par value bond that matures in 20 years...
I recall on more than one occasion when our kids were small, we would come inside...
If the sale price per unit is $100, variable expenses per unit are $45, target...
Hawkeye Corporation's balance sheet at December 31,2021, is presented as follows. During 2022,...
On January 1 of this year, Clearwater Corporation sold bonds with a face value of...