Question

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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