Ahl Enterprise lists the following data for 2011 and 2010: Required Calculate the net profit margin, return
Question:
Ahl Enterprise lists the following data for 2011 and 2010:
Required
Calculate the net profit margin, return on assets, total asset turnover, and return on common equity for both years. Comment on theresults.
Transcribed Image Text:
2011 2010 Net income Net sales Average total assets Average common equity 1,050,000 230,000 170,000 $ 52,500 40,000 1,000,000 200,000 160,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
Ahl Enterprise has had a substantial rise in profit ...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Financial Reporting and Analysis Using Financial Accounting Information
ISBN: 978-1133188797
13th edition
Authors: Charles H. Gibson
Question Posted:
Students also viewed these Accounting questions
-
Ahl Enterprise lists the following data for 2009 and 2008: Required Calculate the net profit margin, return on assets, total asset turnover, and return on common equity for both years. Comment on the...
-
Data file XR16058 lists the following data for a sample of automatic teller machine (ATM) customers: time (seconds) to complete their transaction, estimated age, and gender (1 = male, 0 = female). a....
-
The following data for 2011 relate to Hay Industries, a worldwide conglomerate: REQUIRED: Answer the following questions related to Hay's required segment disclosures and show computations:1. Which...
-
Explain why Soil Taxonomy is said to be a hierarchical classification system.
-
Median Home Prices. The median price for an existing home in the United States peaked at $221,900 in 2006 (National Association of REALTORS®). The quartic function h(x) = 56.8328x4 - 1554.7494x3...
-
Describe the nature and purpose of safe haven laws. Is there any downside to such laws?
-
Donna White started her practice as a design consultant on January 1, 2010. During the first month of operations, the business completed the following transactions: Requirements 1. Open the following...
-
1. Why didnt money motivate Suzanne Chalmers to stay with API? 2. Do financial rewards have any value in situations such as this, where employees are relatively wealthy? 3. What innate drives seem to...
-
Simon Company's year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity...
-
Jake Drewrey is financing $142,500 for a ten-year fixed-rate mortgage at 5.75%. Create an amortization schedule for the first two payments?
-
The Company is exposed to credit loss in the event of nonperformance by counterparties on derivative financial and commodity contracts. Management believes a concentration of credit risk with respect...
-
Information by geographic segments follows: Required a. Using 2008 as the base, prepare a horizontal common- size analysis for the following: 1. Net sales 2. Assets b. Comment on each of the...
-
Compare and contrast industrial products and consumer products.
-
The analysis performed by Sardar on the Purity Fund can be best described as being based on: A. a holdings-based approach. B. manager self-identification. C. a returns-based style analysis. Jack...
-
The arrival cost for purchasing the 90,000 shares of BYYP is: A. 164.4 bp. B. 227.2 bp. C. 355.0 bp. Robert Harding is a portfolio manager at ValleyRise, a hedge fund based in the United States....
-
Based upon Deweys chosen investment process for the management of the Purity Fund, rebalancing of the fund will most likely occur: A. at regular intervals. B. in response to changes in...
-
As it relates to the trade policy document, ValleyRise should implement Yellows recommendation related to: A. the list of eligible brokers. B. a policy for the treatment of trade errors. C. a policy...
-
Given her investment goals and market view, and assuming all options are based on SEK/CHF, the best strategy for Bjrk to manage the funds CHF exposure would be to buy an: A. ATM call option. B. ITM...
-
An oil company is considering making a bid on a new alternative energy contract to be awarded by the government. The company has decided to bid $2.10 billion. The oil company has a good reputation,...
-
Using the theoretical sampling strategy, how many samples of size 4 (n = 4) can be drawn from a population of size: (a) N = 5? (b) N = 8? (c) N = 16? (d) N = 50?
-
An increase in the nominal money supply would shift the: A. IS curve and the LM curve. B. IS curve and the aggregate demand curve. C. LM curve and the aggregate demand curve.
-
TRM Corporation Annual report to the United States Securities and Exchange Commission For the fiscal year ended December 31, 2006 Where you can find more information. We file annual, quarterly and...
-
Economics and accountancy are two disciplines which draw their raw material from much the same mines. From these raw materials, however, they seem to fashion remarkably different products. They both...
-
An art dealer bought a canvas signed Picasso and traveled all the way to Cannes to discover whether it was genuine. Picasso was working in his studio. He cast a single look at the canvas and said,...
-
Investing all your wealth in the portfolio with the highest Sharpe Ratio is the strategy that will give you the best chance of meeting your goals. I. Yes II. No Why?
-
Bridgeport, Inc. produces stereo speakers. The selling price per pair of speakers is $1,000. The variable cost of production is $380 and the fixed cost per month is $45,260. For November, the company...
-
Donald, who has wages of $21,500, self-employment income of $31,725, discrimination lawsuit award of $22,500, and interest income of $650, has the following expenses for 2023: Alimony paid of $18,750...
Study smarter with the SolutionInn App