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The following information is for Ina Company: For the years 2010, 2011, and 2012, compute: 1. Return on equity 2. Profit margin 3. Asset turnover 4. Assets-to-equityratio 2012 2011 2010 Total assets Total liabilities Stockholders' equity Sales. Net income S200,000

The following information is for Ina Company:

2012 2011 2010 Total assets Total liabilities Stockholders' equity Sales. Net income S200,000 $160,000 $180,000 100,000

For the years 2010, 2011, and 2012, compute:
1. Return on equity
2. Profit margin
3. Asset turnover
4. Assets-to-equityratio

Transcribed Image Text:

2012 2011 2010 Total assets Total liabilities Stockholders' equity Sales. Net income S200,000 $160,000 $180,000 100,000 80,000 600,000 20,000 110,000 800,000 40,000 600,000 10,000

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2012 2011 2010 1 Return on equity 364 250 125 Net in…View the full answer


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Accounting concepts and applications

Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Question Details
Chapter # 14
Section: Practice Exercises
Problem: 45
Posted Date: December 27, 2011 09:46:03
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