This paper circulates around the core theme of Compute the following ratios for 2015 (a) Profit margin. (b) Asset turnover. (c) Return on assets. (d) Return on common stockholders’ equity. together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Selected
comparative statement data for Willow Products Company are presented below. All
balance sheet data are as of December 31.
2015 2014
Net sales $800,000 $720,000
Cost of goods sold 480,000 440,000
Interest expense 7,000 5,000
Net income 60,000 42,000
Accounts receivable 120,000 100,000
Inventory 85,000 75,000
Total assets 600,000 500,000
Total common stockholders’ equity 430,000 320,000
Instructions
Compute the
following ratios for 2015:
(a) Profit margin.
(b) Asset turnover.
(c) Return on assets.
(d) Return on common stockholders’ equity.
