Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please do the 4 requirements. need asap thank you Requirement 1. Calculate trend percentages for each item for 2018 through 2021. Use 2017 as the
please do the 4 requirements. need asap thank you
Requirement 1. Calculate trend percentages for each item for 2018 through 2021. Use 2017 as the base vear and round to the nearest percent. Requirement 2. Calculate the rate of return on net sales for 2019 through 2021, rounding to the nearest one-tenth percent. Explain what this mean Begin by selecting the rate of return on net sales (return on sales) formula and enter the amounts to calculate the percentages. (Enter amounts in th for any zero amounts and enter the return on sales amounts as percentages rounded to one-tenth percant. x sh i Data table Requirements 1. Calculate trend percentages for each item for 2018 through 2021. Use 2017 as the base year and round to the nearest percent. 2. Calculate the rate of return on net sales for 2019 through 2021 , rounding to the nearest one-tenth percent. Explain what this means. 3. Calculate asset turnover for 2019 through 2021. Explain what this means. 4. Use a DuPont Analysis to calculate the rate of retum on average total assets (ROA) for 2019 through 2021. 5. How does Amuse Shipping's return on net sales for 2021 compare with previous years? How does it compare with that of the industry? In the shipping industry, rates above 9% are considered good, and rates above 11% are outstanding. 6. Evaluate the company's ROA for 2021 , compared with previous years and against an 18% benchmark for the industry Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started