Last year harrington inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. the firm's total-debt-to-total-capital ratio was 17.5%. the firm finances using only debt and common equity, and its total assets equal total invested capital. based on the dupont equation, what was the roe? do not round your intermediate calculations. a. 9.21% b. 9.86% c. 11.52% d. 7.74% e. 9.49%

American gas products manufactures a device called a can-emitor that empties the contents of old aerosol cans in 2 to 3 seconds. this eliminates having to dispose of the cans as hazardous wastes. if a certain paint company can save $75,000 per year in waste disposal costs, how much could the company afford to spend now on the can-emitor if it wants to recover its investment in 3 years at an interest rate of 20% per year?

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes

If you miss two payments on a credit card what is generally the penalty