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Requirement 6 please - X Data Table 2018 2017 2015 2014 Net sales, net income, and total assets for Aircraft Shipping, Inc., for a five-year
Requirement 6 please
- X Data Table 2018 2017 2015 2014 Net sales, net income, and total assets for Aircraft Shipping, Inc., for a five-year period follow: (Click the icon to view the data.) Read the requirements Requirement 4. Use a DuPont Analysis to calculate the rate of return on average total assets (ROA) for 2016 through 2018. Begin by selecting the ROA formula using the DuPont analysis and then enter the amounts to calculate the ratio. (Enter percentages rour XXX.) Rate of return on sales x Asset turnover ROA 2016 5.9 % X x 2.050 12.1 % 2017 3.2 % 1.905 6.1 % 2018 3.0 4.580 13.7 % (In thousands) Net sales 2016 494 $ s 503 5 310 5 301 Net income 1,351 $ 41 316 16 29 36 32 Total assets 274 254 228 203 Print Done % X Requirement 5. How does Aircraft Shipping's return on net sales for 2018 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 Aircraft Shipping's rate of return on net sales for 2018 compares unfavorably with the industry rate of 9%. It's 2018 rate of return on net sales has deteriorated from 2017 and deteriorated from 2016. Requirement 6. Evaluate the company's ROA for 2018, compared with previous years and against an 18% benchmark for the industry. Aircraft Shipping's return on assets (ROA) for 2018 compares with the 18% benchmark for the industry. It's 2018 ROA has from 2017 and from 2016. Click to select your answer(s) and then click Check Answer unfavorably favorably All parts showing Clear All Final Check Aircraft Shipping's return on assets (ROA) for 2018 compares with the 18% benchmark for the industry. It's 2018 ROA has from 2017 and from 2016. Click to select your answer(s) and then click Check Answer. improved Aircraft Shipping's return on assets (ROA) for 2018 compares V with the 18% benchmark for the industry. It's 2018 ROA has from 2017 and from 2016 Click to select your answer(s) and then click Check Answer. deteriorated ? All parts showing Clear All improved Final CheckStep by Step Solution
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