Question: Hi, I would like to know the proper formulas for finding the following profitability ratios listed below: Profitability Ratios 2020 2019 2018 Net Profit Margin
Hi, I would like to know the proper formulas for finding the following profitability ratios listed below:
| Profitability Ratios | 2020 | 2019 | 2018 |
| Net Profit Margin Ratio | |||
| Total Asset Turnover | |||
| Return on Assets | |||
| Operating Income Margin | |||
| Sales to Fixed Assets | |||
| ROE | |||
| Return on Common Equity | |||
| Gross Profit Margin |
What are the formulas? Do I have to use both the income statement and balance sheet or just one? Where would the information be listed? Thanks in advance!
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