Given the following for Mighty Manufacturing Company:
O$\begin{array} { l l l }
\text { Operating efficiency } & = & 0.1 \
\text { Net income } & = & \$ 50,000,000 \
\text { Net income margin } & = & 0.05 \
\text { Total asset turnover } & = & 3 \
\text { Leverage } & = & 1.5 \
\text { Retention rate } & = & 0.3
\end{array}$

(a) Calculate ROA.
(b) Calculate ROE.
(c) Find the growth rate of dividends.

Question

Given the following for Mighty Manufacturing Company:
O$\begin{array} { l l l } 
\text { Operating efficiency } & = & 0.1 \
\text { Net income } & = & \$ 50,000,000 \
\text { Net income margin } & = & 0.05 \
\text { Total asset turnover } & = & 3 \
\text { Leverage } & = & 1.5 \
\text { Retention rate } & = & 0.3
\end{array}$

(a) Calculate ROA.
(b) Calculate ROE.
(c) Find the growth rate of dividends.

Quizplus · Accepted Answer

The Answer of Given the following for Mighty Manufacturing Company:
O$\begin{array} { l l l } 
\text { Operating efficiency } & = & 0.1 \
\text { Net income } & = & \$ 50,000,000 \
\text { Net income margin } & = & 0.05 \
\text { Total asset turnover } & = & 3 \
\text { Leverage } & = & 1.5 \
\text { Retention rate } & = & 0.3
\end{array}$

(a) Calculate ROA.
(b) Calculate ROE.
(c) Find the growth rate of dividends.

Given the Following for Mighty Manufacturing Company: O (A) Calculate ROA

Given the Following for Mighty Manufacturing Company:
O (A) Calculate ROA