Return to the financial statement data provided in Problem 10 for Safety-First, Inc. A. Calculate the net

Question:

Return to the financial statement data provided in Problem 10 for Safety-First, Inc.
A. Calculate the net profit margin, the sales-to-total-assets ratio, and the equity multiplier for both 2009 and 2010 using year-end (rather than average) data.
B. Use the results from Part A to calculate the venture’s return on equity in each year.
C. Describe what happened in terms of the financial performance of Safety-First, Inc., between 2009 and 2010.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...