[1] We discussed the calculation to determine the return on asset on Grocery Store. Please complete the measurement on Pharmaceutical Company, Electric Utility and commercial Bank.

[2] Please provide the clear calculation and brief interpretation to support your calculation

Example of calculation on Grocery Store. Please use this example as reference to complete the other three companies measurement.

Interpretation and calculation of the financial statement :

[A] Grocery Store

Due to non-differentiated products result in a relatively :

14. Lower net income to sale or profit margin with 3.5%
15. Grocery store need relatively few assets to general sale
16. Grocery store calculate the Asset Turnover 2.9 times = 100% / 34.2%
17. Each time of asset turn over, or generate one dollar of revenue, it generals a profit 3.5%
18. Thus, during a one year period, the grocery store earn 10.15cents = 3.5% x 2.9times) for each dollar invested in asset.

[B] Pharmaceutical Company [C] Electric Utility [D] Commercial Bank 11% 1.5% 261.9% [A] Balance Sheet at Grocery Store End of Year Cash & Market Securities 0.7% Account Receivable and 0.7% Note Receivable PP&E (Plan, Property and 22.2% Equipment) Other Assets 1.9% Total Assets 34.2% 18% 7.8% 733.5% 28.7% 159% 18.1% 72.8% 147.5% 29.2% 202 % 122.6% 1,136.1% 7.7% 7.6% 30.8% 12.7% 14.9% 130.8% 936.9% 71.5% Current Liabilities Long-Term Debt Shareholder Equity Total Liabilities and Equity 16.3% 79.4% 54.5% 100.5% 34.2% 147.5% 202 % 1,136.1% Income Statement [A] Grocery Store [B] Pharmaceutical Company 100% [C] Electric Utility [D] Commercial Bank 100% 100% 100% (74.1%) (31.6%) (79.7%) ----- (19.7%) (37.1%) Revenue Cost of goods sold Operating Expenses Research and Development Interest Income Taxes Net Income ) (41.8%) ------ ------ (0.5%) (2.2 %) 3.5% (10.1%) (3.1 %) (6%) 12.1% (4.6%) (5.2 %) 10.5% (36.6%) (8.6 %) 13 %