Can someone help me find the ROA and ROE to the following question. using Fromula Net Income + Intrest(1-Taxes)/Average Total Cost.
Exhibit 3 INCOME STATEMENT (millions of $) Sales Cost of Goods Sold Gross Profit Selling and Administration Depreciation Operating Profit Interest Earnings Before Taxes Taxes Net Income 2000 287.14 209.69 77.45 57.34 7.53 12.58 9.41 3.17 1.01 2.16 2001 299.45 210.45 89.00 60.06 13.54 15.40 12.53 2.87 0.92 1.95 2002 725.45 506.91 218.54 104.14 21.54 92.86 35.51 57.35 18.35 39.00 2003 2004 793.34 814.55 559.53 595.34 233.81 219.21 125.53 136.57 20.89 21.22 87.39 61.42 24.67 17.96 62.72 43.46 20.07 13.91 42.65 29.55 2005 856.00 629.43 226.57 160.23 26.54 39.80 13.01 26.79 8.57 18.22 Cash A/R Inventory Total Current Assets Land, Plant and Equipment net Other Assets Total Assets A/P Current Portion of LT Debt Total Current Liabilities Long-term Debt Shareholders' Equity Total Liabilities and Equities 2000 2001 10.76 20.56 45.01 48.54 17.12 79.66 72.89 148.76 54.32 162.28 2.47 5.39 129.68 316.43 53.77 90.73 2.88 18.09 56.65 108.82 52.82 185.45 20.21 22.16 129.68 316.43 2002 25.78 84.89 82.69 193.36 184.18 8.38 385.92 112.15 18.77 130.92 193.84 61.16 385.92 2003 38.55 85.39 79.3 203.24 178.01 8.82 390.07 109.96 14.32 124.28 161.98 103.81 390.07 2004 34.21 95.32 53.88 183.41 182.74 9.49 375.64 129.04 8.56 137.6 104.68 133.36 375.64 2005 29.75 99.23 75.33 204.31 211.48 11.65 427.44 189.84 6.22 196.06 79.8 151.58 427.44 1.25 0.27 Liquidity Current Ratio Cash Ratio Asset Management Inventory Turnover in Days A/R Turnover in Days A/P Turnover in Days Cash Conversion Cycle Fixed Assets Turnover Total Asset Turnover Long-term Debt Paying Ability Debt Ratio Times Interest Earned Profitability Gross Margin Operating Profit Margin Net Profit Margin ROA ROE 44.12 32.45 60.23 16.35 3.72 2.05 0.54 9.33 32.00% 14.00% 8.50% 17.46 38.25 2001 2002 2003 2004 2005 Ind. 1.37 0.19 1.48 0.2 1.64 0.31 1.33 0.25 1.04 0.15 1.25 0.27 CALIFORNIA CHOPPERS RATIO TABLE 2000 Liquidity Current Ratio 1.29 Cash Ratio 0.19 Asset Management Inventory Turnover in Days NA A/R Turnover in Days NA A/P Turnover in Days NA Cash Conversion Cycle NA Fixed Assets Turnover NA Total Asset Turnover NA Long-term Debt Paying Debt Ratio 0.84 Times Interest Earned 1.34 Profitability Gross Margin 26.97% Operating Profit Margin 4.38% Net Profit Margin 0.75% ROA NA ROE NA EEEEEE 83.93 57.01 125.31 15.63 2.67 1.34 58.45 33.56 73.04 18.97 4.028 2.15 52.84 39.17 72.45 60.11 4.18 2.045 40.83 40.49 73.26 8.06 4.3 2.13 37.46 41.4 94.46 15.52 4.12 2.13 44.12 32.45 60.23 16.35 3.72 2.05 0.93 1.23 0.84 2.61 0.73 3.54 0.64 3.42 0.46 13.01 0.54 9.33 29.72% 5.14% 0.65% 4.69% 9.21% 30.12% 12.80% 5.38% 11% 93.62% 29.47% 11.02% 5.38% 10.99% 51.71% 26.91% 7.54% 3.63% 7.72% 24.92% 26.47% 32.00% 4.65% 14.00% 2.13% 8.50% 4.54% 17.46% 12.79% 38.25%
