Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Compute trend percentages for each item for 2013 through 2016. Use 2012 as the base year and round to the nearest percent 2. Compute

image text in transcribed

1. Compute trend percentages for each item for 2013 through 2016. Use 2012 as the base year and round to the nearest percent 2. Compute the rate of return on net sales for 2014 through 2016. Explain what 3. Compute asset turnover for 2014 through 2016. Explain what this means 4. Use DuPont Analvsis to compute rate of return on average total assets (ROA) for 2014 through 2016. 5. How does Amuse Shipping's return on net sales r 2016 compare with previous try be dddd te 11 d Evaluate Amuse Shipping, Inc.'s ROA for 2016, compared with previous years and against an 18% benchmark for the industry 6. (In thousands) 2016 2015 2014 2013 2012 Net sales 910 S 503 S 1,025 315 S 302 Net income 33 30 15 39 23 Total assets 312 256 258 232 200 base year and round to the nearest percent. Requirement 1. Compute trend percentages for each item for 2013 through 2016. Use 2012 Amuse Shipping, Inc. - Trend Percentages 2016 2015 2014 2013 2012 Net sales 100 % Net income 100 % Total assets 100 % Begin by selecting the rate problem statement. Enter "0" for zero amounts and enter the return on sales amounts as percentages rounded to one-tenth percent, XX %. ) retun on net sales (return on sales) formula and then enter the amounts to calculate the percentages. (Enter amounts in thousands as provided to you in the Return on sales 2014 2015 2016 Explain what this means. Return on sales measures Requirement 3. Compute asset turnover for 2014 through 2016. Explain what this means. Begin by selecting the asset turnover formula and then enter the amounts to calculate the ratios. (Enter amounts final answer, then enter the asset turnover amounts rounded to three decimal places, XXX) thousands as provided to you in the problem statement. Do not round until your Asset turnover 2014 2015 2016 Explain what this means. Asset turnover means Requirement 4. Use DuPont Analysis to compute rate of retun on average total assets (ROA) for 2014 through 2016 the DuPont analysis and then enter the amounts Begin calculate the ratio. (Enter percentages rounded to one-tenth percent, XX %. Enter other component selecting the ROA formiula using ROA 2014 2015 2016 Requirement 5. How does Amuse Shipping's return on net sales for 2016 compare with previous years? How does it compare with that are considered good, and rates above 11% are outstanding of the industry? In the shipping industry, rates above 9% from 2015 and net sales for 2016 compares with the industry rate of 9%, It's 2016 rate of returm on net sales has Amuse Shipping's rate of return o from 2014 2016, compared with previous vears and aaainst an 18% benchmark for the industry. Requirement 6. Evaluate Amuse Shipping. Inc.'s ROA f from 2015 and from 2014. with the 18% benchmark n assets (ROA) for 2016 compares Amuse Shipping's return the industry. It's 2016 ROA has

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting And Reporting QandA 2020

Authors: ACA Simplified

1st Edition

1661682820, 978-1661682828

More Books

Students also viewed these Accounting questions