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What is the ROIC & ROA for the company First Solar, Inc. for the years 2007 through 2011. (Show calculation) Attached photos are Income Statement
What is the ROIC & ROA for the company First Solar, Inc. for the years 2007 through 2011. (Show calculation) Attached photos are Income Statement & Balance Sheet.
FIRST SOLAR Neil Thompson and Jennifer Ballen ch, Consolidated Financial Statements for First Solar, SunPower, Sunte and Yingli Green Energy Exhibit 9 FIRST SOLAR: INCOME STATEMENT (000s of USD) 31-Dec-11 31-Dec-1026-DecS 2,766,207 1,794,456 27-Dec-08 1,246,301 567.908 678,393 29-Dec-07 503,976 252,573 251,403 Net Sales 2,066,200 1,021,618 1,184,846 1,044,582 2,563,515 1,378,669 Cost of Sales Gross Profit971,751 Operating expenses Research and 40,523 94,797 78,161 33,517 15,107 Selling, general, and administrative 412,541 33,620 393,365 60,366 321,704 19,442 272,898 174,039 32,498 82,248 16,867 Production start-up Goodwill impairment Restructuring Total Operating 13,908 1,040,415 435,943 364,967 679,615 32.89% 240,054 438,339 35.17% 114,222 137,181 27.22% Income (68,664) 2.48% 748,903 29.21% EBIT Margin (6) Foreign currency gain 995 3,468) 14,375 5,207 9,735 258 5,722 21,158 1,881 20,413 (2,294) Interest income Interest expense, net Other income (expense), net Income (loss) before income taxes Income tax (benefit) expense NET INCOME (LOSS Net Margin (%) 13,391 665 2273 (2.985) 2,985 34 713) 762,077 686,314 463,776 155,962 (14,22 97,876 46,176 115,446 $664,201 $640,138 348,330 25.91% 30.9891- 27.95 - 31.42% -1.43% Source: First Solar inc, SEC Form 10K, 2007-2011 the excess of the purchase price of acquired business over the estimatod fair value assigned to e lvidual assets asquired and liablisies assumed. Finst Solar does sot amortine goodwill, maber ists for impainnest at lest amualy, Firs Solar recorded o its componcnts reporting unit, specificaly relatod to the goodwaill that had bon Step by Step Solution
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