Using the information for Otis Inc in SE and SE
Using the information for Otis, Inc., in SE and SE, compute profit margin, asset turnover, and return on assets for 2011 and 2012. In 2010, total assets were $200,000. Comment on the results.
In SE, The comparative income statements and balance sheets of Otis, Inc., appear below. Compute the amount and percentage changes for the income statements and comment on the changes from 2011 to 2012.


(Round computations to one decimal place.)

Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
Relevant Tutors available to help