JAS Clocks Corp. shows the following data: a. Compute the ratio of net income to total assets
Question:
a. Compute the ratio of net income to total assets for each year and comment on the trend.
b. Compute the ratio of net income to shareholders' equity and comment on the trend. Explain why there may be a difference in the trends between parts a and b.
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a Net income total assets 2011 110000 1500000 00733 733 2012 125000 1900000 00...View the full answer
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Mehwish Aziz
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Related Book For 
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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