Assume the Crash Davis Driving School has a 16.1 percent ROE and a 60 percent payout ratio. Required: What is the sustainable growth rate? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).) Sustainable growth rate %

Assume the Crash Davis Driving School has a 16.1 percent ROE and a 60 percent payout ratio.  

Required:

What is the sustainable growth rate? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)

 

Sustainable growth rate

%

 

Rainbow Company has a debt-equity ratio of 1.34. Return on assets is 7.59 percent, and total equity is $670,000. Requirement 1: What is the equity multiplier? (Round your answer to 2 decimal places (e.g., 32.16).) Equity multiplier Requirement 2: What is the return on equity? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).) Return on equity % Requirement 3: What is the net income? (Do not include the dollar sign ($). Round your answer to the nearest whole dollar amount (e.g., 32).) Net income $

Rainbow Company has a debt-equity ratio of 1.34. Return on assets is 7.59 percent, and total equity is $670,000.  

Requirement 1:

What is the equity multiplier? (Round your answer to 2 decimal places (e.g., 32.16).)

 

Equity multiplier

 

Requirement 2:

What is the return on equity? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)

 

Return on equity

%

 

Requirement 3:

What is the net income? (Do not include the dollar sign ($). Round your answer to the nearest whole dollar amount (e.g., 32).)

 

Net income

$

Jiminy Cricket Removal has a profit margin of 9 percent, total asset turnover of 0.99, and ROE of 14.47 percent.

Jiminy Cricket Removal has a profit margin of 9 percent, total asset turnover of 0.99, and ROE of 14.47 percent.

 

Required:

What is this firm’s debt-equity ratio? (Round your answer to 2 decimal places (e.g., 32.16).)

    Debt-equity ratio 0.62

Assume jPhone, Inc., has an equity multiplier of 1.43, total asset turnover of 1.72, and a profit margin of 10 percent. Required: What is its ROE? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).) ROE %

Assume jPhone, Inc., has an equity multiplier of 1.43, total asset turnover of 1.72, and a profit margin of 10 percent.

 

Required:

What is its ROE? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)

 

ROE

%

Crabtree, Inc., had additions to retained earnings for the year just ended of $635,000. The firm paid out $80,000 in cash dividends, and it has ending total equity of $7.30 million. Requirement 1: If the company currently has 670,000 shares of common stock outstanding, what are earnings per share, dividends per share and book value per share?(Do not include the dollar signs ($). Round your answers to 2 decimal places (e.g., 32.16).) Earnings per share $ Dividends per share $ Book value per share $ Requirement 2: If the stock currently sells for $30.00 per share, what is the market-to-book ratio and the price-earnings ratio? (Round your answers to 2 decimal places (e.g., 32.16).) Market-to-book ratio times Price-earnings ratio times Requirement 3: If total sales were $10.60 million, what is the price-sales ratio? (Round your answer to 2 decimal places (e.g., 32.16).) Price-sales ratio times

Crabtree, Inc., had additions to retained earnings for the year just ended of $635,000. The firm paid out $80,000 in cash dividends, and it has ending total equity of $7.30 million.

 

Requirement 1:

If the company currently has 670,000 shares of common stock outstanding, what are earnings per share, dividends per share and book value per share?(Do not include the dollar signs ($). Round your answers to 2 decimal places (e.g., 32.16).)

 

Earnings per share	$
Dividends per share	$
Book value per share	$

 

Requirement 2:

If the stock currently sells for $30.00 per share, what is the market-to-book ratio and the price-earnings ratio? (Round your answers to 2 decimal places (e.g., 32.16).)

 

Market-to-book ratio	times
Price-earnings ratio	times

 

Requirement 3:

If total sales were $10.60 million, what is the price-sales ratio? (Round your answer to 2 decimal places (e.g., 32.16).)

 

Price-sales ratio

times

Boyd, Inc., has a total debt ratio of 0.80. Requirement 1: What is its debt-equity ratio? (Round your answer to 2 decimal places (e.g., 32.16).) Debt-equity ratio Requirement 2: What is its equity multiplier? (Round your answer to 2 decimal places (e.g., 32.16).) Equity multiplier

Boyd, Inc., has a total debt ratio of 0.80.  

Requirement 1:

What is its debt-equity ratio? (Round your answer to 2 decimal places (e.g., 32.16).)

 

Debt-equity ratio

 

Requirement 2:

What is its equity multiplier? (Round your answer to 2 decimal places (e.g., 32.16).)

 

Equity multiplier

Here and Gone, Inc., has sales of $19.3 million, total assets of $14.3 million, and total debt of $5.1 million. Assume the profit margin is 11 percent. Requirement 1: What is net income? (Do not include the dollar sign ($). Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).) Net income $ Requirement 2: What is ROA? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).) ROA % Requirement 3: What is ROE? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).) ROE %

Here and Gone, Inc., has sales of $19.3 million, total assets of $14.3 million, and total debt of $5.1 million. Assume the profit margin is 11 percent.

Requirement 1:

What is net income? (Do not include the dollar sign ($). Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).)

 

Net income

$

 

Requirement 2:

What is ROA? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)

 

ROA

%

Requirement 3:

What is ROE? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)

 

ROE

%