Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Calculate the following for 2011, 2010, and 2009 and summarize trends? a)Net profit margin b)Return on assets c)Total asset turnover d)DuPont analysis e)Operating income margin
Calculate the following for 2011, 2010, and 2009 and summarize trends? a)Net profit margin b)Return on assets c)Total asset turnover d)DuPont analysis e)Operating income margin f)Return on operating assets g)Operating asset turnover h)DuPont analysis with operating ratios i)Return on investment j)Return on total equity
---------------------------------------------------------------------------------------------------------------
Ohenry's INCOME STATEMENTS | 2011 | 2010 | 2009 |
Net Sales | $1,600,000 | $1,300,000 | $1,200,000 |
Other Income | $22,100 | $21,500 | $21,000 |
$1,622,100 | $1,321,500 | $1,221,000 | |
Cost & Expenses | |||
Material and manufacturing costs of products sold | $740,000 | $624,000 | $576,000 |
Research and development | $90,000 | $78,000 | $71,400 |
General and selling | $600,000 | $500,500 | $465,000 |
Interest | $19,000 | $18,200 | $17,040 |
Other | $14,000 | $13,650 | $13,800 |
$1,463,000 | $1,234,350 | $1,143,240 | |
Earnings before income taxes and noncontrolling interest | $159,100 | $87,150 | $77,760 |
Provision for income taxes | $62,049 | $35,731 | $32,659 |
Earnings before noncontrolling interest | $97,051 | $51,419 | $45,101 |
Non-controlling Interest | $10,200 | $8,500 | $8,100 |
Net Earnings | $86,851 | $42,919 | $37,001 |
Other relevant financial information: | |||
Average common shares issued | 29610 | 29100 | 28800 |
Average long-term debt | $211,100 | $121,800 | $214,000 |
Average stockholders equity (all common) | $811,200 | $790,100 | $770,000 |
Average total assets | $1,440,600 | $1,220,000 | $1,180,000 |
Average operating assets | $1,390,200 | $1,160,000 | $1,090,000 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started