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The following table contains key financial information for your company in 2019: Revenue Cost of Goods Sold Operating Expenses Interest Expense Income Taxes Total Assets
The following table contains key financial information for your company in 2019: Revenue Cost of Goods Sold Operating Expenses Interest Expense Income Taxes Total Assets Total Equity $1,375.000 $551,250 $183,000 $250,000 $186,750 $2,100,650 $585,700 Please answer the following questions using the information above. Make sure to show all your process work, and clearly indicate your final answer in each part of the question. (6 marks) 1 a) Calculate the following for your software company. Boom: Net Income ROA (Return on Assets) iii. Gross Profit Margin 11. b) Evaluate Boom's ROA and Gross Profit Margin compared to the mdustry averages. marks) (2 Industry averages: 11.5% (ROA), 61.7% (Gross Profit Margin) c) Comment on the health of Boom. Should your management team be worried, based on this year's performance? (2 marks)
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