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For both the current year and one year ago, compute the following ratios:Exercise 1 3 - 1 0 ( Algo ) Analyzing efficiency and profitability
For both the current year and one year ago, compute the following ratios:Exercise Algo Analyzing efficiency and profitability LO P
The company's income statements for the current year and year ago, follow.
tableFor Year Ended December Curre,Year, Year AgoSales$$Cost of goods sold,$$Other operating expenses,Interest expense,Income tax expense,Total costs and expenses,,Net income,,$$Earnings per share,,$$
For both the Current Year and Year Ago, compute the following ratios:
a Profit margin ratio.
b Did profit margin improve or worsen in the Current Year versus Year Ago?
Total asset turnover.
a Return on total assets.
b Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus Year Ago?
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