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Please use the tables above to calculate followings ratios and show your work: (1) ROE (2) Net Profit Margin (3) ROA ASSETS Cash Accounts receivable
Please use the tables above to calculate followings ratios and show your work:
(1) ROE
(2) Net Profit Margin
(3) ROA
ASSETS Cash Accounts receivable $50,00070,000110,000220,000$450,000 LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable Accrued expenses $70,00050,000130,00070,00040,00090,000$550,000 MEGAFRAME COMPUTER COMPANY Income Statement For the year ended December 31 Sales (all on credit) Cost of goods sold Gross profit $875,000600,000$275,000 Sales and administrative expenses Depreciation Operating profit 30,00055,000$190,000 Interest expense Profit before taxes $165,00025,000 Taxes (30%) Net income
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