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could you help me with the answers? Following are selected ratios of Colgate-Palmolive for 2015 and 2014. a. Was the company profitable in 2015? What
could you help me with the answers?
Following are selected ratios of Colgate-Palmolive for 2015 and 2014. a. Was the company profitable in 2015? What evidence do you have of this? No, Colgate-Palmolive was not profitable as evidenced by its decrease in its net profit margin. Yes, Colgate-Palmolive was profitable as evidenced by its positive net profit margin. b. Is the change in productivity (asset turnover) a positive development? No, the increase indicates more operating assets were needed to generate the same level of sales as the prior year. Yes, the increase indicates that operating assets generated a higher level of sales than the prior year. C. Compute the company's ROA for 2015. Round answer to one decimal place (ex: 0.2345= 23.5%). 13 %Step by Step Solution
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