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Hi I only need the last part done, thank you. Deal Hunter Corporation operates general merchandise and food discount stores in the United States. The
Hi I only need the last part done, thank you.
Deal Hunter Corporation operates general merchandise and food discount stores in the United States. The company reported the following information for the three years ending December 31 , 2020: (Click the icon to view the consolidated statements of operations.) the icon to view the partial balance sheets.) Read the requirements. Requirement 1. Compute the net profit margin ratio for Deal Hunter for the years ended December 31 , 2020, and December 31 , 2019. (Round your answers to the nearest hundredth of a percent, X.XX%). Begin by identifying the formula to calculate profit margin. Net income Net sales Net profit margin ratio Compute the net profit margin ratio for the year ended December 31 , 2020. The net profit margin ratio for the year ended December 31 , 2020 is 2.43 %. Data table Deal Hunter Corporation Partial Balance Sheets (Condensed) Compute the net profit margin ratio for the year ended December 31 , 2019. The net profit margin ratio for the year ended December 31 , 2019 is Dec. 31, Dec. 31, 2.47 %. Requirement 2. Compute asset turnover for Deal Hunter for the years ended December 31 , Begin by identifying the formula to calculate asset turnover. 2020, and December 31 , 2019. (Round your answers two decimal places, X XX) Net sales + Average total assets In millions of USD Total current assets Property, plant, and equipment, net Other assets Total assets Dec. 31, 2020 32,240 $ 25,300 910 58,450 $ 2019 26,550 $ 25,500 850 52,900 $ 2018 10,820 25,700 880 37,400 Compute the asset turnover for the year ended December 31 , The asset turnover for the year ended December 31 , 2020 is Compute the asset turnover for the year ended December 31 , The asset turnover for the year ended December 31 , 2019 is Total asset tumover 2020. 1.80" 2019. 2.02 Print Done Requirement 3. Compute return on assets for Deal Hunter for the years ended December 31 , 2020, and December 31 , 2019. (Round your answers to the nearest hundredth of a percent, X.XX%). Begin by identifying the formula to calculate return on assets. Net income + Average total assets Compute the return on assets for the year ended December 31 , The return on assets for the year ended December 31 , 2020 is Compute the return on assets for the year ended December 31 , The return on assets for the year ended December 31 , 2019 is Retum on assets (ROA) 2020. 4.36 %. 2019. 4.98 %. Data table Deal Hunter Corporation Consolidated Statements of Operations (Adapted) For the year ended December 31 Requirement 4. What factors contributed to the change in return on assets during the year? The following contributed to the change in return on assets during the year. (If an input field is not used in the table leave the field empty; do not select a label.) Average total assets decreased, decreasing asset tumover Average total assets decreased, increasing asset tumover Average total assets increased, decreasing asset tumover Average total assets increased, increasing asset tumover Cost of goods sold as a percent of sales decreased, decreasing net profit margin ratio Cost of goods sold as a percent of sales decreased, increasing net profit margin ratio Cost of goods sold as a percent of sales increased, decreasing net profit margin ratio Cost of goods sold as a percent of sales increased, increasing net profit margin ratio Sales decreased, decreasing net income and profit margin Question Viewer Sales decreased, increasing profit margin In millions of USD Total net revenue Cost of sales Selling, general and administrative expenses Net income from operations Other revenue (expense) Net income before income taxes Income tax expense Net income Print 2020 100,000 $ 36,000 59,150 4,850 (740) 4,110 (1 ,680) 2,430 $ Done 2019 91 ,ooo $ 31,850 54,683 4,467 (800) 3,667 (1,417) 2,250 $ 2018 90,000 31,500 53,450 5,050 (860) 4,190 (1 ,890) 2,300 Clear all Check answer
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