As the accountant for Collins Products Corporation, you have the following information available to you:

REQUIRED

1. Compute the following profitability measures for 2010 and 2011:

(a) Profit margin,

(b) Asset turnover,

(c) Cash flow yield,

(d) Debt to equity ratio,

(e) Return on assets,

(f) Cash return on assets,

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

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

Transcribed Image Text:

2011 72,500 10,000 10,000 52,500 131,000 8,000 12,000 2010 Total assets Current liabilities Long-term liabilitics Stockholders' equity Net sales Net income Cash flows from operating activities S 55,000 5,000 50,000 100,000 5,500 7,500