Answered step by step
Verified Expert Solution
Link Copied!

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

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

A Sneak Peek Into The Auditing World A Day Of An Auditor

Authors: Anupma Aggarwal, Adv (Dr.) Raj Kumar S Adukia

1st Edition

ISBN: 1648997074, 978-1648997075

More Books

Students also viewed these Accounting questions

Question

6. Identify seven types of hidden histories.

Answered: 1 week ago

Question

What is the relationship between humans and nature?

Answered: 1 week ago