Question

Refer to Remington’s financial statements in Exercise 12-65 and the information below.
Statement Item January 1, 2010 (In Thousands)
Total assets ............... $3,485,233
Total stockholders’ equity ......... 2,083,122

Required:
1. Compute the five profitability ratios (in percentage terms, rounded to two decimal places) for 2010 and 2011.
2. Explain what these ratios suggest about Remington’s profitability. Indicate what other information you would like to know to further assess Remington’s profitability.


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  • CreatedSeptember 22, 2015
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