Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, e.g. 1.67. Round...
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Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, e.g. 1.67. Round all other answers to 1 decimal place, e.g. 1.6 or 1.6%.) (a) Profit margin (b) (c) (d) (e) Asset turnover Return on assets Return on common stockholders' equity Gross profit rate 1.6 1.69 0.64 % times % % % Net sales Cost of goods sold Net income Accounts receivable (net) Inventory Total assets Total common stockholders' equity 2022 $4,800.0 3,888.0 76.8 88.0 1,314.0 2,830.0 994.0 2021 $5,600.0 3,637.0 147.0 109.0 1,239.0 3,170.0 980.0 Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, e.g. 1.67. Round all other answers to 1 decimal place, e.g. 1.6 or 1.6%.) (a) Profit margin (b) (c) (d) (e) Asset turnover Return on assets Return on common stockholders' equity Gross profit rate 1.6 1.69 0.64 % times % % % Net sales Cost of goods sold Net income Accounts receivable (net) Inventory Total assets Total common stockholders' equity 2022 $4,800.0 3,888.0 76.8 88.0 1,314.0 2,830.0 994.0 2021 $5,600.0 3,637.0 147.0 109.0 1,239.0 3,170.0 980.0
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Related Book For
College Physics With An Integrated Approach To Forces And Kinematics
ISBN: 978-1260547719
5th Edition
Authors: Alan Giambattista
Posted Date:
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