Finance
posted by Husain .
A firm has return on equity of 15 percent, earnings before taxes of $30,000, total asset turnover of .80, a profit margin of 4.5 percent, and a tax rate of 35 percent. What is the return on assets?
Respond to this Question
Similar Questions

Math  Financial Analysis
How do I determine the profit margin (return of sales)? 
accounting
Can someone please tell me how to set these problems up? 
FInance
Lear, Inc., has $800,000 in current assets, $350,000 of which are considered permanent current assets. In addition, the firm has $600,000 invested in fixed assets. a. Lear wishes to finance all fixed assets and half of its permanent … 
Math
Lear, Inc., has $800,000 in current assets, $350,000 of which are considered permanent current assets. In addition, the firm has $600,000 invested in fixed assets. a. Lear wishes to finance all fixed assets and half of its permanent … 
finance 200
14. Lear, Inc., has $800,000 in current assets, $350,000 of which are considered permanent current assets. In addition, the firm has $600,000 invested in fixed assets. a. Lear wishes to finance all fixed assets and half of its permanent … 
Finance
Item Total assets $10,000,000 Total equity (all common) 9,000,000 Total debt 1,000,000 Annual interest 100,000 Total sales $25,000,000 EBIT 6,250,000 Earnings available for common stockholders 3,690,000 I am trying to find the values … 
Finance
Item Total assets $10,000,000 Total equity (all common) 9,000,000 Total debt 1,000,000 Annual interest 100,000 Total sales $25,000,000 EBIT 6,250,000 Earnings available for common stockholders 3,690,000 I am trying to find the values … 
finance
A firm wishes to maintain an internal growth rate of 4.5 percent and a dividend payout ratio of 60 percent. The current profit margin is 7.5 percent and the firm uses no external financing sources. What must the total asset turnover … 
Finance
A company has total assets of $8,500,000 and its total turnover of 2.35 times. If the return on assets is 9 percent, what is its profit margin? 
Math
You have the following data for the Fosberg Winery. What is Fosberg's return on assets (ROA)?