Requirements:

1) For 2016 & 2015, compute return on sales, asset turnover, return on assets, leverage, return on common stockholders equity, gross profit percentage, operating income percentage, and earnings per share to measure the ability to earn profits for eldredge decor inc. Use the DuPont analysis for ROA & ROE, and round each component ratio to 3 decimals; for other ratio computations, round to 2 decimals.

Did the companys operating performance improve or deteriorate during 2016?

Comparative income statement

Additional data

Table 2016 2015 Net sales $ 250,000 $ 199,000 Cost of goods sold Gross profit Selling and general expenses Income from operations Interest expense Income before income tax Income tax expense 123,000 102,000 127,000 97,000 55,000 51,000 72,00046,000 14,000 18,000 58,000 28,000 20,000 10,000 $ 38,000 $ 18,000 Net income Print Done d as best answer by Elegant-One 5 2 AT