Question: Data for Virtual Gaming Systems are provided in P12 4A Earnings

Data for Virtual Gaming Systems are provided in P12–4A. Earnings per share for the year ended December 31, 2015, are $1.40. The closing stock price on December 31, 2015, is $28.30.
In P12–4A, The following income statement and balance sheets for Virtual Gaming Systems are provided.


Required:
Calculate the following profitability ratios for 2015.
1. Gross profit ratio.
2. Return on assets.
3. Profit margin.
4. Asset turnover.
5. Return on equity.
6. Price-earningsratio.


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  • CreatedJuly 15, 2014
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