The CJ, Inc. comparative income statement follows. The 2014 data are given as needed. Requirements 1. Calculate
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The CJ, Inc. comparative income statement follows. The 2014 data are given as needed.
Requirements
1. Calculate the profit margin for 2016 and 2015.
2. Calculate the rate of return on total assets for 2016 and 2015.
3. Calculate the asset turnover ratio for 2016 and 2015.
4. Calculate the rate of return on common stockholders' equity for 2016 and 2015.
5. Calculate the earnings per share for 2016 and 2015.
6. Calculate the 2016 dividend payout on common stock. Assume dividends per share for common stock are equal to $ 0.36 per share.
7. Did the company's operating performance improve or deteriorate during 2016?
Asset TurnoverAsset 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
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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