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The company's income statements for the Current Year and 1 Year Ago, follow. For both the Current Year and 1 Year Ago, compute the following
The company's income statements for the Current Year and 1 Year Ago, follow. For both the Current Year and 1 Year Ago, compute the following ratios: Profit Margin Ratio Total Asset Turnover Current Year: 1 Year Ago: \begin{tabular}{|l|l|l|l|l|} \hline Numerator: & 1 & = & Donominator: & Total Asset Turnover \\ \hline & 1 & = & Total asset turnover \\ \hline & 1 & = & times \\ \hline \end{tabular} Return On Total Assets Current Year: 1 Year Ago: \begin{tabular}{|l|l|l|l|l|} \hline Numerator: & 1 & = Denominator: & = & Return On Total Assets \\ \hline & 1 & & Retum on total assets \\ \hline & 1 & = & % \\ \hline \end{tabular}
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