Question: Assume the following data for Interactive Technology and Silicon Software. Interactive Technology (IT) Silicon Software (SS) Net income $ 34,400 $ 191,000 Sales 379,000 2,070,000

Assume the following data for Interactive Technology and Silicon Software.

Interactive Technology (IT) Silicon Software (SS)
Net income $ 34,400 $ 191,000
Sales 379,000 2,070,000
Total assets 404,000 988,000
Total debt 235,000 484,000
Shareholders equity 169,000 504,000

a-1. Compute return on shareholders equity. (Do not round intermediate calculations. Round the final answers to 2 decimal places.)

Return on Shareholders equity
Interactive Technology (IT) %
Silicon Software (SS) %

a-2. Not available in connect.

b. Compute the following ratios for both firms (Round the final answers to 2 decimal places.)

Interactive Technology (IT) Silicon Software (SS)
Net income / Sales % %
Net income / Total assets % %
Sales / Total assets X X
Debt / Total assets % %

c. Not available in connect.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!