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E12-28B (similar to) Question Help Consider the following comparative income statement and additional balance sheet data for Van der Man Fashions, Inc. (Click the icon

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E12-28B (similar to) Question Help Consider the following comparative income statement and additional balance sheet data for Van der Man Fashions, Inc. (Click the icon to view the comparative Income statement.) (Click the icon to view the additional balance sheet data.) Read the requirements Requirement 1. For 2017 and 2018, compute the five ratios that measure how a business is investing its money and whether it is using its assets efficiently. Round each ratio to two decimal places. Assume all sales are on credit. Select the five ratios used to measure how a company is investing its money and whether it is using its assets efficiently select the corresponding formulas, and then calculate each ratio for 2017 and 2018. (Enter the first four ratios as decimals rounded to two decimal places, X.XX, and the last ratio as a percentage to the nearest hundredth percont, X.XX%. Abbreviations used: EPS-Earnings por share, ROA - Return on assets, ROE - Return on equity, ROS Return on sales.) Ratio Formula 2018 2017 Choose from any list or enter any number in the input fields and then click Check Answer 1 part remaining Clear All Check Answer E12-28B (similar to) Consider the following comparative income statement and additional balance sheet data for Van der Man Fashions, Inc. (Click the icon to view the comparative income statement.) (Click the icon to view the additional balance sheet data) Read the requirements. Select the five ratios used to measure how a company is investing its money and whether it is using its assets efficiently select the calculate each ratio for 2017 and 2018. (Enter the first four ratios as decimals rounded to two decimal places, XXX, and the last rati hundredth percent, X.XX%. Abbreviations used: EPS-Earnings per share, ROA = Return on assets, ROE - Return on equity, ROS Ratio Formula 2018 2017 Choose from any list or enter any number in the input fields and then click Check Answer 1 part remaining Clear All Data Table 2017 Van der Man Fashions, Inc. Income Statement Years Ended December 31, 2018 and 2017 2018 | Net sales $ 243,000 $ Cost of goods sold 130,000 Gross profit 113,000 Selling and general expenses 63,000 Income from operations 50,000 3,200 Interest expense 298,000 148.000 150,000 67,000 83,000 900 Print Print [Done Done A Data Table Net sales 2018 243,000 $ 130,000 2017 298,000 148,000 Cost of goods sold Gross profit Selling and general expenses Income from operations 113,000 63,000 150,000 67,000 83,000 50,000 3,200 900 Interest expense Income before income tax 46,800 82,100 7,000 Income tax expense 8,000 38,800 $ 75,100 Net income Print [Done Print Done re coi Data Table - A atio atio DS 2018 2017 2016 Accounts receivable... Inventory... Total current assets .. 23,000 16,000 16,000 13,000 18,500 15,500 38,000 37,000 36,000 264,500 230,000 195,000 302,500 $ 267,000 $ 231,000 Fixed assets.... Total assets. ...... Print Done Requirements i 1. For 2017 and 2018, compute the five ratios that measure how a business is investing its money and whether it is using its assets efficiently. Round each ratio to two decimal places. Assume all sales are on credit. 2. Did the company's performance improve or deteriorate during 2018? Print [ Done Print Done

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