Question
Financial Ratios Analysis A retail company has provided the following financial data: Total Sales: $1,500,000 Cost of Goods Sold: $900,000 Operating Expenses: $400,000 Net Income:
Financial Ratios Analysis
A retail company has provided the following financial data:
- Total Sales: $1,500,000
- Cost of Goods Sold: $900,000
- Operating Expenses: $400,000
- Net Income: $100,000
- Total Assets: $2,000,000
- Total Liabilities: $1,200,000
Requirements: (a) Calculate the Gross Profit Margin. (b) Calculate the Operating Profit Margin. (c) Calculate the Net Profit Margin. (d) Determine the Return on Assets (ROA). (e) Determine the Return on Equity (ROE).
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
6th Canadian edition
1118644948, 978-1118805084, 1118805089, 978-1118644942
