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I NEED TO KNOW THE RETURN ON ASSETS, ROUNDED TO TWO DECIMAL PLACES. Two firms have sales of $1.3 million each. Other financial information is
I NEED TO KNOW THE RETURN ON ASSETS, ROUNDED TO TWO DECIMAL PLACES.
Two firms have sales of $1.3 million each. Other financial information is as follows: Firm EBIT Interest expense Income tax Debt Equity 200,000 200,000 30,000 70,000 55,000 30,000 2,110,000 170,000 770,000 830,000 What are the operating profit margins and the net profit margins for these two firms? Round your answers to two decimal places Operating profit margins Firm A: Firm B Net profit margins: Firm A: Firm B What are their returns on assets and on equity? Round your answers to two decimal places Return on assets: 15.38 15.38 8.85 7.69 Firm A: Firm B: Return on eauity 8.85 7.70
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