Question
6. Compute the average assets, return on assets (answer should be shown in percentage terms), and the components of the return on assets (profit margin-should
6. Compute the average assets, return on assets (answer should be shown in percentage terms), and the components of the return on assets (profit margin-should be shown in percentage terms and asset turnover-not shown in percentage terms) for the most recent year of the 10-K using the table provided below. Make sure you show computations-you will not earn credit if you just type in the answer and do not provide how you derived the answer.
Make sure you show computations-you will not earn credit if you just type in the answer and do not provide how you derived the answer. | Average assets-Use the total assets from the previous year plus the total assets for the current year and divide by 2. PY Assets/CY Assets
| Return on Assets=Net Income (Loss)/Average Assets In percentage terms to 2 decimal pts. | Profit Margin=Net Income (Loss)/Net sales or Total Revenue In percentage terms to 2 decimal pts. | Asset Turnover=net sales or total revenue/average assets. Show to 2 decimal pts. |
Bed Bath & Beyond, Inc. |
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Williams-Sonoma, Inc. |
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