Profitability Ratios: 2021 2022 2023 Return on Equity Profit avail to owners / 79,002,000 39,214,000 88,653,000 Average Equity 419,095,000 434,603,000 440,719,000 Answer: % 18.85% 9.02% 20.12% Return on Assets: Net profit (loss) / 79,002,000 39,214,000 88,653,000 Average total assets % 1,034,205,500 1,164,005,000 1,185,181,000 Answer: 7.64% 3.37% 7.48% Profit Margin Net profit (loss) / 79,002,000 39,214,000 88,653,000 Sales Revenue (note used operating revenue) 990,607,000 1,127,475,000 1,418,684,000 Answer: % 7.98% 3.48% 6.25% Gross Profit Margin Gross profit / 565,528,000 622,483,000 794,269,000 Sales Revenue (note used operating revenue) 990,607,000 1,127,475,000 1,418,684,000 Answer: % 57.09% 55.21% 55.99% WHAT IS OVERALL PROFTABILITY IN 50 TO 60 WORDS WORDS

Answer rating: 100% (QA)

lets delve deeper into the profitability ratios and provide some analysis and potential solutions 1 Return on Equity ROE ROE measures the companys eff... View the full answer