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Presented below are select figures from the balance sheet of Einstein Company for 2018 and 2017. Einstein Company Balance Sheet As at August 31 2018
Presented below are select figures from the balance sheet of Einstein Company for 2018 and 2017.
Einstein Company Balance Sheet As at August 31 | ||
2018 | 2017 | |
Total Assets | $284,440 | $203,851 |
Total Liabilities | $111,155 | $69,693 |
Stockholders' Equity | $173,285 | $134,158 |
In 2018, Einstein Company had sales of $567,000 and net income of $48,200. Calculate the ratios for 2018 as indicated below.
Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. Return on Assets (Percent): Answer% Asset Turnover: Answer times Debt-to-Equity (Decimal): Answer Debt-to-Total-Assets (Percent): Answer%
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