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
Ahl Enterprise lists the following data for 2011 and 2010:
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Required
Calculate the net profit margin, return on assets, total asset turnover, and return on common equity for both years. Comment on theresults.
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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