The CJ, Inc., comparative income statement follows. The 2010 data are given as needed. Requirements 1. Calculate
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The CJ, Inc., comparative income statement follows. The 2010 data are given as needed.
Requirements
1. Calculate the rate of return on net sales.
2. Calculate the rate of return on total assets.
3. Calculate the asset turnover ratio.
4. Calculate the rate of return on common stockholders' equity.
5. Calculate the EPS.
6. Calculate the 2012 dividend payout on common stock.
7. Did the company's operating performance improve or deteriorate during2012?
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.
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Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
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