As the accountant for Collins Products Corporation, you have the following information available to you: REQUIRED 1.
Question:
As the accountant for Collins Products Corporation, you have the following information available to you:
REQUIRED
1. Compute the following profitability measures for 2010 and 2011:
(a) Profit margin,
(b) Asset turnover,
(c) Cash flow yield,
(d) Debt to equity ratio,
(e) Return on assets,
(f) Cash return on assets,
(g) Return on equity. (Note: Round to one decimal place.)
2. Comment on the change in performance from 2010 to 2011.
Transcribed Image Text:
2011 72,500 10,000 10,000 52,500 131,000 8,000 12,000 2010 Total assets Current liabilities Long-term liabilitics Stockholders' equity Net sales Net income Cash flows from operating activities S 55,000 5,000 50,000 100,000 5,500 7,500
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