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Need help finding profit margin and financial leverage 2018 Company Humana, Inc. 2018 Revenue $56,912 Ticker HUM 2018 Net Income $1,683 2018 Assets $25,413 2017
Need help finding profit margin and financial leverage
2018 Company Humana, Inc. 2018 Revenue $56,912 Ticker HUM 2018 Net Income $1,683 2018 Assets $25,413 2017 Assets $27.178 2017 Stockholders Equity $9,842 Stockholders' Equity $10,161 Compute the following 2018 ratios for Humana: Return on equity=net income/shareholder's equity = 1,683/10,161 = 0.1656333 or 16.56333% Profit margin Financial Leverage = total debt/ shareholder's equityStep by Step Solution
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