Question
discount toys is a retail toy store. The following are selected figures from their income statement (in millions): 2006 2005 2004 sales $11,332 $11,862 $11,170
discount toys is a retail toy store. The following are selected figures from their income statement (in millions):
2006 2005 2004
sales $11,332 $11,862 $11,170
Net Income $404 $279 $(132)
Average total sales $8,178 $8,126 $7,931
Average stockholders equity $3,549 $3,652 $4,026
compute the following ratios for 2006, 2005 and 2004:
1. Net profit margin
2. Asset Turnover
3. Financial Leverage
4. Return on equity.
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