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07: The financial information of Westminster Company appears below: (5 marks) Net sales Cost of goods sold Operating expenses Interest Expense Net Earnings Total assets

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07: The financial information of Westminster Company appears below: (5 marks) Net sales Cost of goods sold Operating expenses Interest Expense Net Earnings Total assets Total liabilities Cash flow from operating activities $1,000,000 600,000 200,000 2,585 60,000 360,000 240,000 20,000 Use the above selected financial data for Westminster Company to calculate the following ratios: a. Return on Investment b. Debt ratio c. Operating profit margin d. Return on equity e. Net profit margin

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