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Triumph's Companies, a home improvement store chain, reported the following summarized figures: 3: (Click the icon to view the income statement.) (Click the icon to
Triumph's Companies, a home improvement store chain, reported the following summarized figures: 3: (Click the icon to view the income statement.) (Click the icon to view the balance sheets.) Triumph's has 30,000 common shares outstanding during 2018. Read the requirements. LIB Requirement 1. Compute the profit margin ratio for Triumph's Companies for 2018 Begin by selecting the formula to calculate Triumph's Companies' profit margin ratio. Then enter the amounts and calculate the profit margin ratio for 2018. (Round your answer to one tenth of a percent, X.X% Profit margin ratio % 5 for 2018 Average common stockholders' equity panies' rate of return on total assets. Then enter the amounts and calculate the rate of return on total assets for 2018. (Round your answer to one ter Average total assets Rate of return on total assets Average total liabilities 90 Interest expense C Net income elds and then continue to the next question. Net sales Thumphs Companies, a home improvement store chain, reported the following summarized figures: E: (Click the icon to view the income statement) 88 (Click the icon to view the balance sheets.) Triumph's has 30,000 common shares outstanding during 2018. Read the requirements. % Requirement 2. Compute the rate of return on total assets for 2018. Begin by selecting the formula to calculate Triumph's Companies' rate of return on total assets. Then enter the amounts and calculate the rate of return on total assets for 20 X.X%.) Rate of return on total assets Requirement 3. Compute the asset turnover ratio for 2018 Begin by selecting the formula to calculate Triumph's Companies' asset turnover ratio. Then enter the amounts and calculate the assets tumover ratio for 2018. (Round you . Asset turnover ratio Choose from any list or enter any number in the input fields and then continue to the next question. Triumph's Companies, a home improvement store chain, reported the following summarized figures: B (Click the icon to view the income statement) 3 Click the icon to view the balance sheets.) Triumph's has 30,000 common shares outstanding during 2018 Read the requirements. TTTT Requirement 4. Compute the rate of retum on common stockholders' equity for 2018 Begin by selecting the formula to calculate Triumph's Companies" rate of return on common stockholders' equity. Then enter the amounts and calculate the rate of return on comme used Avg. common SE = average common stockholders' equity Complete all input boxes Enter "o" for balances with a zero value. Round your answer to one tenth of a percent.) Rate of return on common ) stockholders' equity ) % Requirement 5. Are these rates of return strong or weak? Explain your reasoning (Assume the following industry averages: profit margin ratio = 22 8%, rate of return on total ass- return on common stockholders equity = 10 396 These rates of retum are considering that Choose from any list or enter any number in the input fields and then continue to the next question. Requirement 4. Compute the rate of return on common stockholders' equity for 2018. Begin by selecting the formula to calculate Triumph's Companies' rate of return on common stockholders' used: Avg. common SE = average common stockholders' equity. Complete all input boxes. Enter "O" for bal Rate s ( Requirement 5. Are these rates of return strong or weak? Explain your reasoning. (Assume the following in return on common stockholders' equity = 10.3%. These rates of return are considering that imber in the input fields and then continue to the next question. average Choose from any list or e strong weak Calculator on stockholders equity. Complete all put boxes. Enter U Tor balances with a zero value. You Rate of return on common ) stockholders' equity strong or weak? Explain your reasoning. (Assume the following industry averages profit margi 10.3% nsidering that per in the inpu average companies present much higher rates of return. average companies present much lower rates of return average companies present similar rates of return. Triumph's Companies Income Statement Years Ended May 31, 2018 and 2017 2018 2017 Id s' Net Sales Revenue 49,200 $ 41,100 return th of a Cost of Goods Sold 20.800 25.500 Interest Expense 700 630 6.700 7,100 All Other Expenses $ 21,000 $ 7,870 Net Income in um on Print Done May 31, 2018 and 2017 Assets Liabilities 2018 2018 2017 2017 Cash S 2.300 S 13,000 11 500 Short-term Investments 27.000 Accounts Receivable N 300 24 500 Ide Merchandise Inventory 1.300 Total Current Liabilities S 25,000 $ 12.500 14.000 Long-term Liabilities 5.300 Total Liabilities 37.500 8.200 Stockholders' Equity 1.700 Common Stock 10.000 40.100 30.500 Retained Earnings 29.000 Total Equity 50.100 59,500 87.600 S Total Liabilities and Equity Other Current Assets 9.000 10 000 25 000 Total Current Assets 52.600 35.000 All Other Assets 87.600 $ 59,500 Total Assets Print
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