For 2016 and 2015, compute return on sales (ROS), asset turnover (AT), return on assets (ROA), leverage

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For 2016 and 2015, compute return on sales (ROS), asset turnover (AT), return on assets (ROA), leverage (L), return on common stockholders' equity (ROE), gross profit percentage (GP), operating income percentage (OI), and earnings per share (EPS) to measure the ability to earn profits for Dominion Decor, Inc., whose comparative income statements follow. Use DuPont Analysis for ROA and ROE, and round each component ratio to three decimals; for other ratio computations, round to two decimals.

For 2016 and 2015, compute return on sales (ROS), asset
For 2016 and 2015, compute return on sales (ROS), asset

Did the company's operating performance improve or deteriorate during 2016?

Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.
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Financial Accounting

ISBN: 978-0134127620

11th edition

Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz

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