Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate the ROA, ROE, Gross Profit Margin, and Quick Ratio Net Sales- 6,134 COGS- (4,438) Selling, general admin expenses- (996) Other Gross properties, plant equiptment-

Calculate the ROA, ROE, Gross Profit Margin, and Quick Ratio

Net Sales- 6,134

COGS- (4,438)

Selling, general admin expenses- (996)

Other Gross properties, plant equiptment- 729

Retained Earnings- 0

Common Stock- 3,104

Other liabilities- 0

Total liabilities and equity- 5,161

Operating cash- 3,226

accounts recievable- 681

inventories- 20

long term debt- 300

deferred income taxes- 208

preferred stock- 0

provisions for taxes- (75)

Other income- 245

Net Income- 554

Net other operating assets- 916

TOtal assets- 5,161

Net current liabilities- 1,549

other expenses- (341)

interest income- 72

interest expense- (47)

accumilated depreciation- (411)

book value of fixed assets- 318

Good will- 0

ROA?

ROE?

GPM?

QUick Ratio?

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_2

Step: 3

blur-text-image_3

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

Audit Analysis Part 1 Facts Of Auditing

Authors: Dr. L. KAILASAM

1st Edition

1670149455, 978-1670149459

More Books

Students also viewed these Accounting questions

Question

How do SSAE 16 Type 1 and Type 2 differ?

Answered: 1 week ago