Calculate the profit margin for Joshua & White for both years.

What caused the change in profit margin in 2016, if any?

Calculate the Total Asset Turnover for Joshua & White for both years.

What cause the change in Total Asset Turnover in 2016, if any?

Calculate the Equity Multiplier for the company for both years.

What caused the change in the Equity Multiplier in 2016, if any?

Calculate the firms ROA for both years.

What caused the change in ROA in 2016?

Calculate the firms ROE for both years

What caused the change in ROE in 2016?

Joshua & White Technologies: December 31 Balance Sheets Thousands of Dollars) 2015 2016 Assets Cash and cash equivalerils 521,000 S20,000 Short-lemm investments 3,240 MA 000 52.500 55.000 Inventories A2.000 Tolal turrent assels S161.259 3127.240 213.100 200.000 Liabilities and equity 832.000 AnczOLunis payable 333.600 Ar rudls 12.600 12.000 Nales payable 19.029 Tolal rurrent liabilities 506, 129 Long-lerm debt liabilities $10B, 800 Camrnton stryck. 183,793 Re lained Earnings R2.075 Tolal Carnmon equily 3245.868 921 B,440 Tolal liabilities and equily Joshua & White Technologies December 31 Income Statements Thousunds of Dollars) 2015 2015 Stiles SA 20.000 $400,000 COGS except excluding depr and amort. 300.000 292.000 Depreciation and Armorlization 19,660 18,000 22.000 27,600 OLher operaling expenses EB S72.710 962.000 Interest Expense 5,740 EB SE 7.000 25.B00 Taxes 23,016 Cammon dividends 22.075 Addition lo relained enrnings