The following data are from annual reports of Jen's Jewelry Company: Total assets Total liabilities. Total...

Transcribed Image Text:

The following data are from annual reports of Jen's Jewelry Company: Total assets Total liabilities. Total stockholders' equity sales revenue Net income Year Net Profit Margin Ratio 2021 % 2020 2019 Compute Jen's net profit margin ratio for each year. (Round your answers to 2 decimal places.) 96 2021 2020 2019 $ 59, 700 13,900 $ 53,900 $ 40,000 10,300 45,800 43,600 6,500 153,600 150, 900 51,900 40,900 % 34,300 131,500 24,000 The following data are from annual reports of Jen's Jewelry Company: Total assets Total liabilities. Total stockholders' equity sales revenue Net income Year Net Profit Margin Ratio 2021 % 2020 2019 Compute Jen's net profit margin ratio for each year. (Round your answers to 2 decimal places.) 96 2021 2020 2019 $ 59, 700 13,900 $ 53,900 $ 40,000 10,300 45,800 43,600 6,500 153,600 150, 900 51,900 40,900 % 34,300 131,500 24,000

Answer rating: 100% (QA)

Okay here are the calculations 2021 Net Income 51900 Sales ... View the full answer