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For both the current year and one year ago, compute the following ratios: Exerclse 13-10 (Algo) Analyzing efficlency and profltabllity LO P3 The company's income
For both the current year and one year ago, compute the following ratios: Exerclse 13-10 (Algo) Analyzing efficlency and profltabllity LO P3 The company's income statements for the current year and 1 year ago, follow. For both the Current Year and 1 Year Ago, compute the following ratios: (1-a) Profit margin ratio. (1-b) Did profit margin improve or worsen in the Current Year versus 1 Year Ago? (2) Total asset turnover. (3-a) Return on total assets. (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Compute profit margin ratio for the current year and one year ago. Exerclse 13-10 (Algo) Analyzing efficlency and profltability LO P3 The company's income statements for the current year and 1 year ago, follow. For both the Current Year and 1 Year Ago, compute the following ratios: (1-e) Profit margin ratio. (1-b) Did profit margin improve or worsen in the Current Year versus 1 Year Ago? (2) Total asset turnover. (3-o) Return on total assets. (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Compute total asset turnover for the current year and one year ago. Complete this question by entering your answers in the tabs below. Compute return on total assets for the current year and one year ago
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