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zi 0 Saved The records of Washington Company showed the following: Average Assets $520,000 Revenues $119,000 Average Liabilities 168,000 Average Stockholders' equity* 390,000 Operating
zi 0 Saved The records of Washington Company showed the following: Average Assets $520,000 Revenues $119,000 Average Liabilities 168,000 Average Stockholders' equity* 390,000 Operating Expenses ** Interest expense Net income (90,500) (5,800) $22,700 *19,500 shares outstanding at 1/1 and at 12/31; current market price, $30 **Including income tax; income tax rate is 30% Required: Calculate each of the following ratios: Note: Round your answers to 2 decimal places. A. Return on assets % B. Return on equity % C. Net profit margin % D. Earnings per share B Help The records of Washington Company showed the following: Average Assets $520,000 Revenues $119,000 Average Liabilities 168,000 Average Stockholders' equity* 390,000 Operating Expenses ** Interest expense (90,500) (5,800) Net income $22,700 *19,500 shares outstanding at 1/1 and at 12/31; current market price, $30 **Including income tax; income tax rate is 30% Required: Calculate each of the following ratios: Note: Round your answers to 2 decimal places. A. Return on assets B. Return on equity C. Net profit margin D. Earnings per share % % %
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