Question
Annual Sales Automobile sales Automotive leasing Total automotive sales Services and other Total sales $19,952 869 20,821 3,226 $24,578 Cost of Goods Sold (COGS) Automotive
Annual Sales Automobile sales Automotive leasing Total automotive sales Services and other Total sales $19,952 869 20,821 3,226 $24,578 Cost of Goods Sold (COGS) Automotive sales Automotive leasing Total automotive COGS Services and other Total COGS $15,939 459 $16,398 2,770 $20,509 Other Costs Research and development Selling, general and administrative Restructuring.
Using the data in Exhibit 1.6 and your spreadsheet, calculate the profit margin, asset turnover, page 22and return on assets of the company as presented in Exhibit 1.6. (Hint: Profit margin and return on assets are negative.)
b.To better understand how the SCIM works, complete the following table. Assume that the change suggested is only to the single account, and the other accounts are the same as presented in Exhibit 1.6. The change can be described in simple up, down, or does not change terms.
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