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Selected operating data for two divisions of Ashley Company are given below: NORTH SOUTH ----------- ---------- Sales 600,000 400,000 Total Assets 360,000 100,000 Fixed Assets
Selected operating data for two divisions of Ashley Company are given below:
NORTH SOUTH
----------- ----------
Sales 600,000 400,000
Total Assets 360,000 100,000
Fixed Assets 140,000 60,000
Total Liabilities 120,000 40,000
Long-Term Liabilities 80,000 20,000
Net income 48,000 60,000
Calculate ROA, ROE, Profit Margin and Fixed Assets Turnover for both the North and South divisions.
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