The following data are for the akron division of consolidated rubber, inc.: sales $ 750,000net operating income $ 45,000average operating assets $ 250,000stockholders' equity $ 75,000residual income $ 15,000
for the past year, the minimum required rate of return was: a) 30%b) 12%c) 15%d) 6%

Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?

Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income 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 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%

Last year ann arbor corp had $155,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 37.5%. the new cfo believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. assets, sales, and the debt ratio would not be affected. by how much would the cost reduction improve the roe? a. 11.51%b. 12.11%c. 12.75%d. 13.42%e. 14.09%