The following information is for Ina Company: For the years 2010, 2011, and 2012, compute: 1. Return
Question:
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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Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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