Question
ssume the following data for Interactive Technology and Silicon Software. Interactive Technology (IT)Silicon Software (SS)Net income$31,200$140,000Sales317,0002,700,000Total assets402,000965,000Total debt163,000542,000Shareholders' equity239,000423,000 a-1. Compute return on shareholders' equity.
ssume the following data for Interactive Technology and Silicon Software.
Interactive Technology (IT)Silicon
Software (SS)Net income$31,200$140,000Sales317,0002,700,000Total assets402,000965,000Total debt163,000542,000Shareholders' equity239,000423,000
a-1.Compute return on shareholders' equity.(Do not round intermediate calculations. Round the final answers to 2 decimal places.)
Return on
Shareholders' equityInteractive Technology (IT)13.00
13.00 Incorrect
%Silicon Software (SS)33.00
33.00 Incorrect
%
a-2.Not available in connect.
b.Compute the following ratios for both firms(Round the final answers to 2 decimal places.)
Interactive
Technology (IT)Silicon
Software (SS)Net income / Sales9.00
9.00 Incorrect
%5.00
5.00 Incorrect
%Net income / Total assets7.00
7.00 Incorrect
%14.00
14.00 Incorrect
%Sales / Total assets78.00
78.00 Incorrect
X2.79
2.79 Incorrect
XDebt / Total assets40.00
40.00 Incorrect
%50.00
50.00 Incorrect
%
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