JH Lory yedi eu VIIILE TW At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity Current Year 1 Year Ago 2 Years Ago $ 29,356 $ 33,628 $ 37,576 83, 382 60,051 49, 128 108,046 79,353 50,757 9,548 8,827 4,135 267, 231 247,075 226,904 $ 497,563 $ 428,934 $ 368,500 $ 121, 415 92,606 162,500 121,042 $ 497,563 $ 73,215 101,614 163,500 90,605 $ 428,934 $ 49,615 81,439 163,500 73,946 $ 368,500 For both the current year and one year ago, compute the following ratios Exercise 17 10 (Algo) Analyzing efficiency and profitability LO P3 The company's income statements for the current year and 1 year ago, follow, For Year Ended Decenber 31 Current Year 1 Year Ago Sales $ 646,832 $ 510,431 Cost of goods sold $ 394,568 $ 331,789 Other operating expenses 200,518 129, 139 Interest expense 10,996 11,740 Income tax expense 8,409 7,656 Total costs and expenses 614,491 480, 315 Net income $ 32, 341 $ 30,116 Earnings per share $ 1 99 $ 1 85 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 6) 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 Required LA Required 18 Required 2 Required JA Required 35 Compute profit margin ratio for the current year and one Exercise 17 10 (Algo) Analyzing efficiency and profitability LO P3 The company's income statements for the current year and 1 year ago, follow, For Year Ended December 31 Current Year 1 Year Ago Sales $ 646,832 $ 510,431 Cost of goods sold $ 394,568 $ 331,789 Other operating expenses 280,518 129, 139 Interest expense 10,996 11,740 Income tax expense 8,409 7,656 Total costs and expenses 614,491 480,315 Net income $ 32,341 $ 30, 116 Earnings per share $ 1 99 $ 1 85 For both the Current Year and 1 Year Ago, compute the following ratios (1 a) Profit margin ratio (1 6) 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 6) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago ces Complete this question by entering your answers in the tabs below Required 1A Required 16 Required 2 Required A Required 38 Compute profit margin ratio for the current year and one year ago Profit Margin Ratio Numerator Denominator 1 1 Profit Margin Ratio Profit margin ratio 94 Current Year 1 Year Ago 1 4 No 1 Required 18 Exercise 17 10 (Algo) Analyzing efficiency and profitability LO P3 The company's income statements for the current year and 1 year ago, follow For Year Ended December 31 Current Year 1 Year Ago Sales $ 646,832 $ 510,431 Cost of goods sold $ 394,568 $ 331,789 Other operating expenses 200,518 129, 139 Interest expense 10,996 11,740 Income tax expense 8,409 7,656 Total costs and expenses 614,491 480,315 Net income $ 32, 341 $ 30,116 Earnings per share $ 1 99 $ 1 85 For both the Current Year and 1 Year Ago, compute the following ratios (1 a) Profit margin ratio (1 1) 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 6) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Ye Complete this question by entering your answers in the tabs below Required 1A Required 18 Required 2 Required 3A Required 3B Compute total asset turnover for the current year and one year ago Total Assot Turnover Numerator Denominator Current Year Total Asset Turnover Total asset tumover times timos 1 Year Ago The company's income statements for the current year and 1 year ago, follow For Year Ended December 31 Current Year 1 Year Ago Sales $ 646,832 $ 510,431 Cost of goods sold $ 394,568 $ 331,780 Other operating expenses 200,518 129, 139 Interest expense 10,996 11,740 Income tax expense 8,409 7,656 Total costs and expenses 614,491 480, 315 Net income $ 32,341 $ 30,116 Earnings per share $ 1 99 $ 1 85 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 ces Complete this question by entering your answers in the tabs below Required 1A Required 1B Required 2 Required 3A Required 3B Compute return on total assets for the current year and one year ago Numerator Return On Total Assets Denominator Return On Total Assets Return on total assets Current Year 1 Year Ago

Question

JH Lory   yedi eu VIIILE TW At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity Current Year 1 Year Ago 2 Years Ago $ 29,356 $ 33,628 $ 37,576 83, 382 60,051 49, 128 108,046 79,353 50,757 9,548 8,827 4,135 267, 231 247,075 226,904 $ 497,563 $ 428,934 $ 368,500 $ 121, 415 92,606 162,500 121,042 $ 497,563 $ 73,215 101,614 163,500 90,605 $ 428,934 $ 49,615 81,439 163,500 73,946 $ 368,500 For both the current year and one year ago, compute the following ratios  Exercise 17 10 (Algo) Analyzing efficiency and profitability LO P3 The company's income statements for the current year and 1 year ago, follow, For Year Ended Decenber 31 Current Year 1 Year Ago Sales $ 646,832 $ 510,431 Cost of goods sold $ 394,568 $ 331,789 Other operating expenses 200,518 129, 139 Interest expense 10,996 11,740 Income tax expense 8,409 7,656 Total costs and expenses 614,491 480, 315 Net income $  32, 341 $ 30,116 Earnings per share $ 1 99 $ 1 85 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 6) 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  Required LA Required 18 Required 2 Required JA Required 35 Compute profit margin ratio for the current year and one Exercise 17 10 (Algo) Analyzing efficiency and profitability LO P3 The company's income statements for the current year and 1 year ago, follow, For Year Ended December 31 Current Year 1 Year Ago Sales $ 646,832 $ 510,431 Cost of goods sold $ 394,568 $ 331,789 Other operating expenses 280,518 129, 139 Interest expense 10,996 11,740 Income tax expense 8,409 7,656 Total costs and expenses 614,491 480,315 Net income $ 32,341 $ 30, 116 Earnings per share $ 1 99 $ 1 85 For both the Current Year and 1 Year Ago, compute the following ratios  (1 a) Profit margin ratio (1 6) 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 6) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago  ces Complete this question by entering your answers in the tabs below  Required 1A Required 16 Required 2 Required A Required 38 Compute profit margin ratio for the current year and one year ago Profit Margin Ratio Numerator  Denominator  1 1 Profit Margin Ratio Profit margin ratio 94 Current Year  1 Year Ago  1 4   No 1 Required 18   Exercise 17 10 (Algo) Analyzing efficiency and profitability LO P3 The company's income statements for the current year and 1 year ago, follow  For Year Ended December 31 Current Year 1 Year Ago Sales $ 646,832 $ 510,431 Cost of goods sold $ 394,568 $ 331,789 Other operating expenses 200,518 129, 139 Interest expense 10,996 11,740 Income tax expense 8,409 7,656 Total costs and expenses 614,491 480,315 Net income $ 32, 341 $ 30,116 Earnings per share $ 1 99 $ 1 85 For both the Current Year and 1 Year Ago, compute the following ratios  (1 a) Profit margin ratio  (1 1) 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 6) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Ye Complete this question by entering your answers in the tabs below  Required 1A Required 18 Required 2 Required 3A Required 3B Compute total asset turnover for the current year and one year ago Total Assot Turnover Numerator  Denominator  Current Year  Total Asset Turnover Total asset tumover times timos 1 Year Ago  The company's income statements for the current year and 1 year ago, follow  For Year Ended December 31 Current Year 1 Year Ago Sales $ 646,832 $ 510,431 Cost of goods sold $ 394,568 $ 331,780 Other operating expenses 200,518 129, 139 Interest expense 10,996 11,740 Income tax expense 8,409 7,656 Total costs and expenses 614,491 480, 315 Net income $ 32,341 $ 30,116 Earnings per share $ 1 99 $ 1 85 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 ces Complete this question by entering your answers in the tabs below  Required 1A Required 1B Required 2 Required 3A Required 3B Compute return on total assets for the current year and one year ago Numerator  Return On Total Assets Denominator  Return On Total Assets Return on total assets Current Year  1 Year Ago

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JH Lory > yedi eu VIIILE TW At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities

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