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Your boss has asked you to calculate the profitability ratios of Blur Corp. and make comments on its second-year performance as compared to its first-year
Your boss has asked you to calculate the profitability ratios of Blur Corp. and make comments on its second-year performance as compared to its first-year performance. The following shows Blur Corp.'s income statement for the last two years. The company had assets of $4, 700 million in the first year and $7, 518 million in the second year. Common equity was equal to $2, 500 million in the first year, 100% of earnings were paid out as dividends in the first year, and the firm did not issue new stock in the second year. Calculate the probability ratios of Blur Corp. in the following table. Convert all calculations to a percentage rounded Calculate the probability ratios of Blur Corp. in the following table. Convert all calculations to a percentage rounded to two decimal places
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