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Use the following information to answer the questions: Assets Liabilities and Equity Cash 10,000 Accounts payable 17,000 Marketable securities 2,000 Notes payable 6,000 Accounts
Use the following information to answer the questions: Assets Liabilities and Equity Cash 10,000 Accounts payable 17,000 Marketable securities 2,000 Notes payable 6,000 Accounts receivable 3,000 Current liabilities 23,000 Inventory 33,000 Long-term debt 95,000 Current assets 48,000 Total liabilities 118,000 Machines 34,000 Paid-in capital 20,000 Real estate 80,000 Retained earnings 24,000 Fixed assets 114,000 Equity 44,000 Total assets 162,000 Total liab. & equity 162,000 Line item Value Sales 71,000 - Operating expenses 58,220 - Depreciation 2,000 = EBIT 10,780 - Interest 800 = Taxable income 9,980 - Taxes 3,293 = Net income 6,687 Part 1 What is the profit margin (aka net profit margin)? Part 2 What is the return on assets (aka return on total assets)? Part 3 What is the return on equity (aka return on common equity)?
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