Question
Following are selected income statement and balance sheet data for companies in different Industries. Harley Davidson Sales = $5,342 COGS= $3,302 Gross Profit= $2,040 Net
Following are selected income statement and balance sheet data for companies in different Industries. Harley Davidson Sales = $5,342 COGS= $3,302 Gross Profit= $2,040 Net Income=$960 Assets=$5,255 Liabilities=$2,171 Equity= $3,084 Nike Inc Sales=$13,740 COGS=$7624 Gross Profit=$6,116 Net Incone=$1,212 Assets=$8,794 Liabilities=$3,149 Equity=$5,645 Starbucks Corp. Sales=$6,369 COGS=$2,605 Gross Profit=$3,764 Net Income=$494 Assets=$3,514 Liabilities=$1,423 Equity=$2,091 Target Corp. Sales=$51,271 COGS=$34,927 Gross Profit=$16,344 Net Income=$2,408 Assets=$34,995 Liabilities=$20,790 Equity=$14,205 Which Company reports the highest ratio of net income to equity?
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