Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 2 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 05 Aug 2017 My Price 5.00

Vigo Vacations

Problem 1

Debt Ratio

Vigo Vacations has $199 million in total assets, $4.8 million in notes payable, and $22.5 million in long-term debt. What is the debt ratio? Round your answer to two decimal places.

____________%

 

 

Problem 2

Profit Margin and Debt Ratio

Assume you are given the following relationships for the Haslam Corporation:

Sales/total assets 2.5

Return on assets (ROA) 2%

Return on equity (ROE) 9%

 

Calculate Haslam's profit margin. Do not round intermediate calculations. Round your answer to two decimal places. ______________ %

Calculate Haslam's liabilities-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places. _________________ %

Suppose half of Haslam's liabilities are in the form of debt. Calculate the debt-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places. __________________%

Answers

(5)
Status NEW Posted 05 Aug 2017 10:08 PM My Price 5.00

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