Selected comparative statement data for Slaymaker Products Inc. are presented below. All balance sheet data are as

Question:

Selected comparative statement data for Slaymaker Products Inc. are presented below. All balance sheet data are as at December 31. 


Instructions 

Calculate the following ratios for 2024. 

a. Gross profit margin  

b. Profit margin

c. Asset turnover

d. Return on assets 

e. Return on shareholders’ equity 

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Related Book For  book-img-for-question

Accounting Principles Volume 2

ISBN: 9781119786634

9th Canadian Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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