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Use the following information to work the remainder of the exam: In its closing financial statements for its first year of business, the Runs and
Use the following information to work the remainder of the exam: In its closing financial statements for its first year of business, the Runs and Goses Company had cash of $242, accounts receivable of $850, inventory of $820, net fixed assets of $3,408, accounts payable of $700, short-term notes payable of $740, long-term liabilities of $1,100, common stock of S1,160, retained earnings of S1,620, net sales to retained earnings of $508 and dividends paid of $218. of $2,768, cost of goods sold of $1,210, depreciation of $360, interest expense of $160, taxes of $312, addition 13.) Compute the return on equity. 14) Compute the return on total assets 15.) Compute the net profit margin. 16) Compute the operating profit margin. 17) Compute the gross profit margin
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