Use the data given in P13– 1 for Goldfish Company.
In exercise
1. Present component percentages for 2014 only.
2. Answer the following for 2014:
a. What was the average percentage markup on sales?
b. What was the average income tax rate?
c. Compute the net profit margin ratio. Was it a good or poor indicator of performance? Explain.
d. What percentage of total resources was invested in property, plant, and equipment?
e. Compute the debt- to- equity ratio. Does it look good or bad? Explain.
f. What was the ROA?
g. What was the ROE?
h. Compute the financial leverage percentage.
Did borrowing from creditors benefit shareholders? Explain.

  • CreatedAugust 04, 2015
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