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The following information was available for the year ended December 31, 2019: Sales $ 580,000 Net income 82,820 Average total assets 880,000 Average total stockholders'
The following information was available for the year ended December 31, 2019:
Sales | $ | 580,000 | |
Net income | 82,820 | ||
Average total assets | 880,000 | ||
Average total stockholders' equity | 395,000 | ||
Dividends per share | 1.39 | ||
Earnings per share | 3.00 | ||
Market price per share at year-end | 29.40 | ||
Required:
- Calculate margin, turnover, and ROI for the year ended December 31, 2019.
- Calculate ROE for the year ended December 31, 2019.
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