Ahl Enterprise lists the following data for 2011 and 2010: Required Calculate the net profit margin, return
Question:
Ahl Enterprise lists the following data for 2011 and 2010:
Required
Calculate the net profit margin, return on assets, total asset turnover, and return on common equity for both years. Comment on theresults.
Transcribed Image Text:
2011 2010 Net income Net sales Average total assets Average common equity 1,050,000 230,000 170,000 $ 52,500 40,000 1,000,000 200,000 160,000
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Financial Reporting and Analysis Using Financial Accounting Information
ISBN: 978-1133188797
13th edition
Authors: Charles H. Gibson
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