Question
Calculate the following ratios with the help of additional information extracted from the financial statements for the year 2018. Briefly analyses the interpretations of the
Calculate the following ratios with the help of additional information extracted from the financial statements for the year 2018. Briefly analyses the interpretations of the answer.
- Return on equity ratio
- Gross profit margin ratio
Additional information:
Net income=18000
Share holder equity=289000
Sales=100000
Cost of good sole=75000
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
3rd Edition
0324274319, 9780324274318
