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Cost of Goods Sold Cross Profit Selling General, and sinistra Income before Income Tax Expe Income Tax Expense Net Tato Required: 1. Compute the gross

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Cost of Goods Sold Cross Profit Selling General, and sinistra Income before Income Tax Expe Income Tax Expense Net Tato Required: 1. Compute the gross profit percentage for each year. Assuming that the change from 2015 to 2016 is the beginning of a sustained trend, is Computer Tycoon likely to earn more or less gross profit from each dollar of sales in 2017? 2. Compute the net profit margin for each year. Given your calculations here and in requirement explain whether Computer Tycoon did a better or worse job of controlling operating expenses in 2016 relative to 2015. 3. Computer Tycoon reported average netfied assets of $54,200 in 2016 and $45100 in 2015. Compute the foxed asset turnover ratios for both years. Did the company better utilize its investment in feed assets to generate revenues in 2016 or 2015 4. Computer Tycoon reported average stockholders' equity of $54,000 in 2016 and $40.800 in 2015. The company has not issued preferred stock. Compute the return on equity ratios for both years. Did the company generate greater returns for stockholders in 2016 than in 2015? Complete this question by entering your answers in the t Reed 1 Regred2 R ed 3 1-a. Compute the gross profit percentage for each year. (Round our answers to 1 dedimal place.) 1-b. Assuming that the change from 2015 to 2016 is the beginning of a sustained trend, is Computer Tycoon likely to earn more or less gross profit from each dollar of sales in 2017? Gross Pront 2015 2015 $120,000 S100,000 60,000 0.00 36,000 48.500 37.000 Sales Revenue Cost of Goods Sold Gross Profit Selline, General, and Adrinistrative Expenses Interest Expense Income before Income Tax Expense Income Tax Expense Net Income 11,25 3.500 1.000 2.500 5.ge $ $ 6,025 Required: 1. Compute the gross profit percentage for each year. Assuming that the change from 2015 to 2016 is the beginning of a sustained trend, is Computer Tycoon likely to earn more or less gross profit from each dollar of sales in 2017? 2. Compute the net profit margin for each year. Given your calculations here and in requirement 1, explain whether Computer Tycoon did a better or worse job of controlling operating expenses in 2016 relative to 2015 3. Computer Tycoon reported average net fixed assets of $54,200 in 2016 and $45,100 in 2015. Compute the fored asset tumover ratios for both years. Did the company better utilize its Investment in foxed assets to generate revenues in 2016 of 2015? 4. Computer Tycoon reported average stockholders' equity of $54,000 in 2016 and $40.800 in 2015. The company has not issued preferred stock compute the return on equity ratios for both years. Did the company generate greater returns for stockholders in 2016 than in 2015? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 2-a. Compute the net profit margin for each year. (Round your answers to 1 decimal place.) 2-b. Did Computer Tycoon do a better or worse job of controlling operating expenses in 2016 relative to 20157 Net Profit Margin 2015 2016 2-6. Controlling operating expenses in 2016 vs 2015? Better Job Worse Job Sales Revenue Cost of Goods Sold Gross Profit Selling. General, and Administrative Expenses Interest Expense Income before Income Tax Expense Income Tax Expense INC Required 1. Compute the gross profit percentage for each year. Assuming that the change from 2015 to 2016 is the beginning of a sustained trend, is Computer Tycoon likely to earn more or less gross profit from each dollar of sales in 2017? 2. Compute the net profit margin for each year. Given your calculations here and in requirement 1, explain whether Computer Tycoon did a better or worse job of controlling operating expenses in 2016 relative to 2015 3. Computer Tycoon reported average net fixed assets of $54,200 in 2016 and $45,100 in 2015. Compute the foxed asset turnover ratios for both years. Did the company better utilize its investment in fixed assets to generate revenues in 2016 or 2015? 4. Computer Tycoon reported average stockholders' equity of $54,000 in 2016 and $40,800 in 2015. The company has not issued preferred stock. Compute the return on equity ratios for both years. Did the company generate greater returns for stockholders in 2016 than in 2015? Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Required 4 4-a. Computer Tycoon reported average stockholders' equity of $54,000 in 2016 and $40.800 in 2015. The company has not issued preferred stock. Compute the return on equity ratios for both years. (Round your answers to 1 decimal place) 4-b. Did the company generate greater returns for stockholders in 2016 than in 2015 Return on Equity ROE 2015 Greater returns generated in 2016

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