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    racquelacarey's Avatar
    racquelacarey Posts: 3, Reputation: 1
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    #1

    Oct 17, 2011, 08:23 AM
    Needham Pharmaceuticals
    Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. It sales are $100 million and it has total assets of $50 million. What is its ROE?
    racquelacarey's Avatar
    racquelacarey Posts: 3, Reputation: 1
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    #2

    Oct 17, 2011, 08:25 AM
    Ace Industries
    Ace Industries has current assets equal to $3million. The company's current ratio is 1.5, and its quick ratio is 1.0. What is the firm's level of current liabilites? What is the firm's level of inventories.
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