Chapter 7 question 3

I’m studying for my Mathematics class and need an explanation.

In 2018, FedEx had total assets of $51.7 billion, an asset turnover ratio of 1.22 times, and a net profit margin of 8.7%.

a. What is FedEx’s return on assets?

b. Find FedEx’s ROE, given that 36.9% of the assets are financed with stockholders’ equity.

Find the EPS, P/E ratio, and dividend yield of a company that has 5 million shares of common stock outstanding (the shares trade in the market at $21.53),earns 8% after taxes on annual sales of $161 million, and has a dividend payout ratio of 40.68%.

At what rate would the company’s net earnings be growing if the stock had a PEG ratio of 1.62?



A Page will cost you $12, however, this varies with your deadline. 

We have a team of expert nursing writers ready to help with your nursing assignments. They will save you time, and improve your grades. 

Whatever your goals are, expect plagiarism-free works, on-time delivery, and 24/7 support from us.  

Here is your 15% off to get started. 
Simply:

  • Place your order (Place Order
  • Click on Enter Promo Code after adding your instructions  
  • Insert your code –  Get20

All the Best, 

Cathy, CS