Financial information (in thousands of dollars) relating to three different companies follows.

Instructions:
1. Compute the following ratios:
(a) Return on sales
(b) Asset turnover
(c) Assets-to-equity ratio
(d) Return on assets
(e) Return on equity
2. Assume that the three companies are
(a) a large department store,
(b) a large grocery store, and
(c) a large utility. Based on the above information, identify each company. Explain youranswer.

Transcribed Image Text:

Company A Net sales Net income Total assets Total equity 60.000 9.600 155.400 61,000 Company B $28,000 21,500 Company C $21,000 3,200 1,850 360 11,300 .690