Question: Given the 4 ratios, and comparing the two years, how would you evaluate the company's profitability and why?Year 2018 2019 Net Income $2,465 $2,300 Revenue
Given the 4 ratios, and comparing the two years, how would you evaluate the company's profitability and why?Year 2018 2019
Net Income $2,465 $2,300
Revenue $21,965 $22,428
Net profit Margin 11.22% 10.26%
Year 2018 2019
Revenue $21,965 $22,428
Net Assets $26,243 $25,895
Asset Turnover 83.70% 86.61%
Year 2018 2019
Net Income $2,465 $2,300
Net Assets $26,243 $25,895
Return on Assets 9.39% 8.88%
Year 2018 2019
Net Income $2,465 $2,300
Common Equity $9,853 $9,832
Return on Equity 25.02% 23.39%
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To evaluate the companys profitability based on the provided ratios and comparing the two years 2018 and 2019 we can analyze the trends and changes in ... View full answer
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