Y3K, Inc., has sales of $7,445, total assets of $3,510, and a debt-equity ratio of .31. Assume the return on equity is 14 percent.
Required:
What is its equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Equity multiplier
times
What is its total asset turnover? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Total asset turnover
times
What is its profit margin? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)
Profit margin
%
What is its net income? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Net income $
Required:
What is its equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Equity multiplier
times
What is its total asset turnover? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Total asset turnover
times
What is its profit margin? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)
Profit margin
%
What is its net income? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Net income $
