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I'm massively suffering from some Financial Accounting homework. The image posted is the full question so you understand what's required, but if I do the

I'm massively suffering from some Financial Accounting homework. The image posted is the full question so you understand what's required, but if I do the question again it resets and gives me different values. Here are the new values for my question:

1.

1. Calculate the return on assets (ROA) and the fixed asset turnover ratio for Patina Industries for 2015 and 2016. Round your answers to two decimal places.

2016 2015 2014
Sales

$1,470,000

$1,395,000

$1,364,000

Net income 135,000 120,000 121,000
Total, current assets, ending

195,000

140,000

166,000
Property, plant and equipment, ending. . . 781,000 740,000 756,000

Total assets, ending. . .

976,000 880,000 922,000

image text in transcribedImage of the past question for reference:

WP8-52A (similar to) Ques The following is selected data for Gleam Industries: (Click the icon to view the selected data.) Requirements 1. Calculate the return on assets (ROA) and the fixed asset turnover ratio for Gleam Industries for 2015 and 2016. Round your answers to two decimal places. Have the ratios improved or deteriorated? Comment on the trend in both ratios. i X - Data Table Requirement 1. Calculate the return on assets (ROA) and the fixed asset turnover ratio for Gleam Industries for 2015 and 2016. Round your answers to two decimal places. 2016 2015 2014 Start by calculating the return on assets (ROA) for 2015 and 2016. Select the formula and then complete the calculations. (Round your answers to two decimal places. X.XX%.) 1 1 Net income 115.000 130,000 2015 2016 S S S Average total assets 851,000 828.000 = = = Return on assets 13.51 % 15.70% Sales ....$ Net income Total, current assets, ending ........... Property, plant and equipment, ending ... Total assets, ending ..... . 1.470.000 $ 130.000 210,000 652.000 862.000 1.374.000 $ 115,000 147.000 847,000 794,000 1.420.000 113.000 152.000 756,000 908,000 Now calculate the fixed asset turnover ratio for 2015 and 2016. Select the formula and then complete the calculations. (Round your answers to two decimal places, X.XX.) Sales Average fixed assets = Fixed asset turnover 2015 S 1,374,000 701,500 1.96 2016 S 1.470.000 649,500 2.26 Print Done Requirement 2. Have the ratios improved or deteriorated? Comment on the trend in both ratios. As shown by the increase in the return on assets ratio, the ROA improved from 2015 to 2016. The fixed asset turnover ratio has increased indicating that Gleam Industries is generating sales more efficiently with its fixed assets in 2016

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