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The following are selected balance sheet and income statement information for ABC Company. Current Assets ES 2,031 Gross profit on sales $100,340 Net Sales =$150,003
The following are selected balance sheet and income statement information for ABC Company. Current Assets ES 2,031 Gross profit on sales $100,340 Net Sales =$150,003 Net Income $ 11,304 Avg Total Assets =$136,855 Avg Stock. EQ. =$ 75,834 ROUND ALL VALUES TO TWO (2) decimals State the following formulas: a. Gross profit percentage b. Profit margin Asset turnover Return on assets Return on common stockholders' equity (ABC Company has no preferred stock) f. Leverage DuPont Formula (all 3 parts) Compute the following ratios: Gross profit percentage b. Profit margin Asset turnover d. Return on assets Return on common stockholders' equity (ABC Company has no preferred stock) f. Leverage DuPont Formula (all 3 parts), show all 3 parts C. e. g. D E F G H K $ $ $ $ $ $ B 2,031 100,340 150,003 11,304 136,855 75,834 Gross profit percentage Profit margin Asset turnover A 1 Current Assets 2 Gross profit on sales 3 Net Sales 4 Net Income 5 Avg Total Assets 6 Avg Stock. EQ. 7 8 State the following formulas: 9 a. 10 formula 11 calculation 12 13 b. 14 formula 15 calculation 16 17 c. 18 formula 19 calculation 20 21 d. 22 formula 23 calculation 24 25 e. 26 formula 27 calculation 28 29 f. 30 formula 31 calculation 32 33 g. 34 formula 35 formula (num & denom) 36 calculation Return on assets Return on common stockholders' equity (ABC Company has no preferred stock) Leverage DuPont Formula (all 3 parts) PM X ATO X LEV
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