Malimash, Inc.’s

by | Sep 4, 2021 | Homework Help

Do the assigned questions using Malimash, Inc.’s 2014 financial data below: MUST SHOW ALL CALCULATIONS and JUSTIFICATIONSRequired:Calculate return on common equity for 2014 using year-end amounts and assuming no preferred dividends.Disaggregate the ROCE into operating (RNOA) and non-operating components.Comment on Merck’s use of leverage. (Assume all assets and current liabilities are operating at a 35% tax rate).Malimash, Inc.2014 Financial Data ($ millions)Income Statement DataSales Revenue $7,120.00Depreciation $230.00Interest Expense $10.00Pretax Income $2,550.00Income Taxes $900.00Net Income $1,650.00Balance Sheet DataCurrent Assets $4,850.00Fixed Assets, Net $2,400.00Total Assets $7,250.00Current Liabilities $3,290.00Long-Term Debt $100.00Shareholders’ Equity $3,860.00Total Liabilities and Shareholders’ Equity $7,250.00

Plagiarism-free and delivered on time!

We are passionate about delivering quality essays.

Our writers know how to write on any topic and subject area while meeting all of your specific requirements.

Unlike most other services, we will do a free revision if you need us to make corrections even after delivery.