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Question #5 (10 POINTS) Presented below are summary financial data from Pebble Company's annual report Year 2 Year 1 (in millions) Balance sheet Total assets

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Question #5 (10 POINTS) Presented below are summary financial data from Pebble Company's annual report Year 2 Year 1 (in millions) Balance sheet Total assets Shareholders equity $111,005 68,612 $153,304 69,493 Income statement Net sales Net income $101,303 14 132 $96, 004 14,490 Assume that Brick Company is all equity financed. A Calculate the following ratios for Years 1 and 2 1 Return on equity 2. Return on assets (levered) 3. Return on sales (levered) 4 Total asset turnover 5 Financial leverage B Comment on the trends revealed by your analysis in Part A

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