Principle of Finance
posted by Robson .
How do I calculate profit margin with the following data?
Total equity  639,400
Net incoome  51,700
Debt equity ratio  .55
Total asset turnover  2
Thanks!
Respond to this Question
Similar Questions

Finance
A firm wants to maintain a growth rate of 7% without incurring any additional equity financing. The firm maintains a constant debtequity ratio of .6 a total asset turnover ratio of .75, and a profit margin of 6%. What must the dividend … 
Finance
Given the following information: profit margin = 10%; sales = $100; retention ratio = 40%; assets = $200; equity multiplier = 2.0. If the firm maintains a constant debtequity ratio and no new equity is used, what is the maximum growth … 
Accounting/Financing
I am so weak at this new class I started no matter how many times I read my textbook, I cannot understand how to calculate ratios can someone please show me or guide me how to work these problems, I would really appreciate it, thank … 
Accounting/Financing
I am so weak at this new class I started no matter how many times I read my textbook, I cannot understand how to calculate ratios can someone please show me or guide me how to work these problems, I would really appreciate it, thank … 
finance
"given the profit loss (income statement) and balance sheet for Sam's sandwich delivery(table 48), answer the following: a. calculate the current and quick ratios. b. using the inventory figure on the balance sheet as average inventory, … 
Finance
. Fill out the missing items on the Kim, Inc.’s balance sheet based on the ratios given below: Cash and marketable securities 800 current liabilities ? 
accounting
Selected year end financial statements of Cadet Corporation follow. ( All sales were on credit; selected balance sheet amounts at December 31, 2008 (prior year – you will need this to calculate certain averages), were inventory, … 
Finance
Recreational Supplies Co. has net sales of $9,191,375, an ROE of 31.02 percent, and a total asset turnover of 2.42 times. If the firm has a debttoequity ratio of 0.76, what is the company’s net income? 
Finance
Old Town Cafe has a profit margin of 11%, total asset turnover of 2 and ROE of 20%. What is the debtequity ratio for this Cafe? 
Finance
Fill out the missing items on the Kim, Inc.’s balance sheet based on the ratios given below: Cash and marketable securities 800 current liabilities ?