Ahl Enterprise lists the following data for 2009 and 2008: Required Calculate the net profit margin, return
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Required
Calculate the net profit margin, return on assets, total asset turnover, and return on common equity for both years. Comment on the results. (For return on assets and total asset turnover, use end-of-year total assets; for return on common equity, use end-of-year commonequity.)
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2009 2008 Net income Net sales Average total assets Average common equity S 52,500 40,000 1,050,000 ,000,000 230,000 200,000 170,000 160,000
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Financial Reporting And Analysis Using Financial Accounting Information
ISBN: 139
12th Edition
Authors: Charles H Gibson
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