Ahl Enterprise lists the following data for 2011 and 2010: Required Calculate the net profit margin, return
Question:
Ahl Enterprise lists the following data for 2011 and 2010:
Required
Calculate the net profit margin, return on assets, total asset turnover, and return on common equity for both years. Comment on theresults.
Transcribed Image Text:
2011 2010 Net income Net sales Average total assets Average common equity 1,050,000 230,000 170,000 $ 52,500 40,000 1,000,000 200,000 160,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
Ahl Enterprise has had a substantial rise in profit ...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Financial Reporting and Analysis Using Financial Accounting Information
ISBN: 978-1133188797
13th edition
Authors: Charles H. Gibson
Question Posted:
Students also viewed these Accounting questions
-
Ahl Enterprise lists the following data for 2009 and 2008: Required Calculate the net profit margin, return on assets, total asset turnover, and return on common equity for both years. Comment on the...
-
Data file XR16058 lists the following data for a sample of automatic teller machine (ATM) customers: time (seconds) to complete their transaction, estimated age, and gender (1 = male, 0 = female). a....
-
The following data for 2011 relate to Hay Industries, a worldwide conglomerate: REQUIRED: Answer the following questions related to Hay's required segment disclosures and show computations:1. Which...
-
Explain why Soil Taxonomy is said to be a hierarchical classification system.
-
Median Home Prices. The median price for an existing home in the United States peaked at $221,900 in 2006 (National Association of REALTORS®). The quartic function h(x) = 56.8328x4 - 1554.7494x3...
-
Explain what it means if Allowance for Doubtful Accounts has a debit balance prior to the year-end bad debts entry.
-
Frahm tachometers are particularly useful to measure the speeds of engines whose rotating shafts are not easily accessible. When the tachometer is placed on the frame of a running engine, the...
-
Identifying cash inflows and outflows Required Indicate which of the following items will result in cash inflows and which will result in cash outflows. The first one is shown as an example. Item...
-
A useful quantity for our purposes is the reproductive distance rate F of a geothermal vent. This measures how much the extremophiles reproduce per metre from the centre of the geothermal vent and...
-
The economies of many nations around the globe have been brought on their knees by COVID-19. Just when countries are on the path of recovery from the economic devastation caused by COVID-19, Russia...
-
The Company is exposed to credit loss in the event of nonperformance by counterparties on derivative financial and commodity contracts. Management believes a concentration of credit risk with respect...
-
Information by geographic segments follows: Required a. Using 2008 as the base, prepare a horizontal common- size analysis for the following: 1. Net sales 2. Assets b. Comment on each of the...
-
Joey Shamah and Scott Borba are the founders of e.l.f. Cosmetics. Assume that the company currently has $250,000 in equity and is considering a $100,000 expansion to meet increased demand. The...
-
List some design and implementation rules.
-
What is the traditional legal status of stepparents? How has this begun to change?
-
Identify and explain the various guideline approaches.
-
List some modeling rules.
-
What approach has the law typically taken with regard to the parenting rights of a lesbian co-parent?
-
Find the indicated derivatives in Problems 926. dy dx for y = x
-
Using the theoretical sampling strategy, how many samples of size 4 (n = 4) can be drawn from a population of size: (a) N = 5? (b) N = 8? (c) N = 16? (d) N = 50?
-
An increase in the nominal money supply would shift the: A. IS curve and the LM curve. B. IS curve and the aggregate demand curve. C. LM curve and the aggregate demand curve.
-
TRM Corporation Annual report to the United States Securities and Exchange Commission For the fiscal year ended December 31, 2006 Where you can find more information. We file annual, quarterly and...
-
Economics and accountancy are two disciplines which draw their raw material from much the same mines. From these raw materials, however, they seem to fashion remarkably different products. They both...
-
An art dealer bought a canvas signed Picasso and traveled all the way to Cannes to discover whether it was genuine. Picasso was working in his studio. He cast a single look at the canvas and said,...
-
A 1-kg ball moving with a velocity of 2 m/s to the right collides with a 2-kg ball moving with a velocity of 4 m/s to the left. The balls collide elastically and scatter at a 45-degree angle to their...
-
A 1-kg ball is moving to the right with a velocity of 2 m/s when it collides with a stationary 2-kg ball. After the collision, the 1-kg ball moves to the left with a velocity of 1 m/s. What is the...
-
Two balls, one with a mass of 2 kg and the other with a mass of 3 kg, collide elastically. After the collision, the 2-kg ball moves to the left with a velocity of 4 m/s and the 3-kg ball moves to the...
Study smarter with the SolutionInn App