A summary of data from the income statements and balance sheets for Wesley Construction Supply, Inc., for

Question:

A summary of data from the income statements and balance sheets for Wesley Construction Supply, Inc., for 2011 and 2010 appears below.

REQUIRED

1. Compute the following profitability measures:

(a) Profit margin,

(b) Asset turnover,

(c) Return on assets,

(d) Cash flow yield,

(e) Cash return on assets,

(f) Debt to equity ratio,

(g) Return on equity. (Note: Round to one decimal place.)

2. Comment on the change in performance from 2010 to 2011.

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Financial Accounting

ISBN: 978-0538476010

11th edition

Authors: Belverd E. Needles, Marian Powers

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