Burger Corp has ${te} of assets, and it uses only common equity capital (zero debt). Its sales for the last year were ${s}, and its net income after taxes was $25,000. Stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15%. What profit margin would Burger need in order to achieve the 15% ROE, holding everything else constant? Answer in % without units (i.e. 17.11% -> 17.1 )
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A firm reported the following income statement: Net Sale…
A firm reported the following income statement: Net Sales $ {s} Operating Costs $ 500.00 EBITDA ? Depreciation & Amortization $ {d} EBIT (Operating Income) ? Interest Expenses $ 200.00 EBT ? Taxes ({r}%) ? Net Income ? Dividends ? Addition to Retained Earnings ? What is the Net Income in common size form? Answer using percentages without the symbol (i.e. 0.1234 = 12.34% –> enter 12.34) and two decimal figures.
In evaluating the content validity of a test, it is of prima…
In evaluating the content validity of a test, it is of primary importance to examine:
Under mercantilism, the thirteen American colonies were expe…
Under mercantilism, the thirteen American colonies were expected to provide Great Britain with
Lennox Furniture Company’s 2005 balance sheet showed total c…
Lennox Furniture Company’s 2005 balance sheet showed total current assets of ${ca}. All of the current assets were required in operations, and its current liabilities consisted of $300 of accounts payable and ${np} of short-term notes payable to the bank. What was the net operating working capital at the end of 2005?
One of the best ways children have to express themselves is…
One of the best ways children have to express themselves is through creative dramatic play.
Definition: the fixed morally binding customs of a particula…
Definition: the fixed morally binding customs of a particular group
You are buying a car and you are financing the purchase with…
You are buying a car and you are financing the purchase with a loan of ${pv}. The loan has {n} months term and requires monthly payments. The loan charges an interest rate of {r}% every month. What is the total interest payment over the life of the mortgage?
For an item analysis, there were 100 students in the upper g…
For an item analysis, there were 100 students in the upper group and 100 students in the lower group (200 total). The data are the percentage in each group choosing each option, with correct answers marked by an asterisk (*): (a) (b) (c) (d) upper 10 03 77* 10 lower 21 29 11* 39 What is the discrimination index for this item (as a proportion)?
If advances in robotics, automation, and artificial intellig…
If advances in robotics, automation, and artificial intelligence lead to the elimination of jobs, and the people who held those jobs need to learn new skills to find new jobs, those people would be considered