Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

begin{tabular}{|c|c|c|c|} hline Net income & $ & 1,731,000 & 1,582,100 hline end{tabular} Right-click on the table and select Copy to Clipboard and then right-click

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
\begin{tabular}{|c|c|c|c|} \hline Net income & $ & 1,731,000 & 1,582,100 \\ \hline \end{tabular} Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. Financial ratios: Profitability. The financial statements for Tyler Toys, Inc. are shown in the popup window: Calculate the profit margin, return on assets, and return on equity for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a ratio warrant concern for the managers of Tylor Toys or the shareholders? What is the profit margin for 2014 ? 15. (Round to two decimal placos.) What is the profit margin for 2013 ? \% (Round to two decimal placess) What is the retum on assets for 2014 ? V. (Round to two decimat places.) What is the retum on assots for 2013 ? h. (Round to two decimal paces.) Financial ratios: Profitability. The financial staternents for Tyler Toys, Inc. are shown in the popup window: Calculate the profit margin, retum on assets, an return on equity for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? \% (Round to two decimal places.) What is the return on equity for 2013 ? (Round to two docimal places.) Should any of these ratios or the change in a ratio warrant concern for the managers of Tylor Toys or the shareholders? (Select the best response.) A. These ratios indicate a somewhit weak firm porformanoe for the equity holders with an ROE of over 63.83% for 2014. B. These ratios indicate a somewhat weak firm performance for the equity holders with an ROE of over 63.83% for 2013. C. These ratios indicate a somewhat strong firm performance for the equity holders with an ROE of ovor 63.83% for 2014 . D. These ratios indicato a somewhat strong firm porformance for the equity holders with an ROE of over 63.83% for 2013 . \begin{tabular}{|c|c|c|c|c|} \hline & & 2014 & & 2013 \\ \hline Revenue & $ & 14,146,700 & $ & 13,566,400 \\ \hline Cost of goods sold & $ & 8,449,100 & $ & 8,131,300 \\ \hline Selling, general, and administrative expenses & $ & 999,320 & $ & 982,160 \\ \hline Depreciation & $ & 1,498,980 & $ & 1,473,240 \\ \hline EBIT & $ & 3,199,300 & \$ & 2,979,700 \\ \hline Interest expense & $ & 375,000 & $ & 356,100 \\ \hline Taxes & $ & 1,093,300 & $ & 1,041,500 \\ \hline Net inenme & is & 17.31nnn & Is & 1.58210n \\ \hline \end{tabular} Data table Financial ratios: Profitability. The financial statements for Tyler Toys; Inc. are shown in the popup window: Calculate the profit margin, return on assets, and feturn on equity for 2013 and 2014 for Tyer Toys. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? % (Round to two decimal places.) What is the return on equity for 2014 ? 16. (Round to two decimal places.) What is the retum on equity for 2013 ? \%. (Round to two decimal places.) Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? (Select the best response.) A. These ratios indicate a somewhat weak firm performance for the equity holders with an ROE of over 63.83% for 2014

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Finance questions