Exercise: ABC Company had started its business in 2015 and the following balances and results of...

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Exercise: ABC Company had started its business in 2015 and the following balances and results of operation were shown for the first year: Sales Total Fixed assets Total current assets Cost of sales Calculate: Gross Profit Margin Net Profit Margin Return on Total Assets Return on Equity 12,000 12,000 19,300 4,800 General and Adm. Accounts payable Depreciation Capital (25 shares) 900 4,000 4,000 25,000 Exercise: ABC Company had started its business in 2015 and the following balances and results of operation were shown for the first year: Sales Total Fixed assets Total current assets Cost of sales Calculate: Gross Profit Margin Net Profit Margin Return on Total Assets Return on Equity 12,000 12,000 19,300 4,800 General and Adm. Accounts payable Depreciation Capital (25 shares) 900 4,000 4,000 25,000

Answer rating: 100% (QA)

Based on the information provided in the image we can calculate the following financial ratios for ABC Company for the first year 1 Gross Profit Margi... View the full answer