Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Select the formula reference in the last column of the table and enter the rate of return on total assets and the rate of return
Select the formula reference in the last column of the table and enter the rate of return on total assets and the rate of return on common stockholders' equity for each year. (Enter your answers as percentages to the tenth percent, X.X%.) (Click the icon to view the formulas.) 2014 Formula 2018 2017 2016 2015 Rate of return on total assets Rate of retum on common stockholders' equity | | % | | % | | % 1% 1 % L sing the browser s print will lead to an undesirable print-out Use the Printitem trom the Question Help menu to get a better print-out WOR Athletic Supply, Inc Five-Year Financial Summary (Partial; adapted) (Dollar amounts in thousands except per share data) Net Sales Revenue Net Sales Revenue Increase Domestic Comparative Store Sales Increase Other Income-Net Cost of Goods Sold Selling and Administrative Expenses Interest: 2017 2014 2018 2016 2015 2013 $ 290,000 $ 215,000 $ 195,000 $ 168,000 $ 135,000 35% 10% 16% 17% 1,620 1,350 218,660 164,045 151,515 132,048 106,920 22,570 2,080 1,720 41,240 36,380 31,660 27,410 (880) 130 2,720 3,390 Interest Expense (1,060)1,310) (1,340) (1,040) 180 3,380 5,922 185 3,600 8,790 Interest Income 155 3,810 26,750 11,460 4,460 Income Tax Expense Net Income Per Share of Common Stock: Net Income 1.20 0.90 0.80 0.60 0.38 0.29 Dividends 0.35 0.33 0.25 0.21 Financial Position Current Assets, Excluding Merchandise Inventory Merchandise Inventory Property, Plant, and Equipment, Net Total Assets Current Liabilities Long-term Debt Stockholders' Equity Financial Ratios Acid-Test Ratio Rate of Return on Total Assets Rate of Return on Stockholders' Equity $ 30,000 $ 27,500 $ 26,300 $ 24,800 $ 22,000 25,100 22,100 22,000 19,900 8,100 $ 16,600 40,600 35,200 88,900 79,900 28,70025,400 17,400 18,200 42,800 36,300 51,800 45,100 106,900 94,700 32,000 27,300 23,100 21,800 51,800 45,600 25.200 65,300 16,100 12,900 36,300 27.6% 13.9% 12.0% 54.9% 25.9% 22.2% 16.3% 15.8%
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