Calculate the following ratios for Metro as at September 29, 2018. (find formulas in textbook) Return...
- Calculate the following ratios for Metro as at September 29,
2018. (find formulas in textbook)
- Return on Equity
- Profit Margin Ratio
- Profit Margin
- Return on Assets
Homework Answers
Ans:
a. Return on Equity:
= Net Income/ Shareholder’s Equity
b. Profit Margin Ratio:
=Net Income/Sales*100
c .Profit Margin:
=Net Profits/Net Sales
d. Return on Assets:
=Net Income/Average Total Assets
Add Answer to:
Calculate the following ratios for Metro as at September 29,
2018. (find formulas in textbook)
Return...
Compare and analyze ratios of two companies. Profitability ratios Dec 31, 2018 Return on Sales Gross...
Compare and analyze ratios of two companies.
Profitability ratios Dec 31, 2018 Return on Sales Gross profit margin Operating profit margin 63.05% 27.31% 20.20% Net profit margin Return on Investment Return on equity (ROE) Return on assets (ROA) 37.89% 7.73% Dec 29, 2018 Return on Sales 54.56% Gross profit margin Operating profit margin Net profit margin 15.64% 19.35% Return on Investment Return on equity (ROE) 86.20% Return on assets (ROA) 16.12%
2. Calculating Financial Ratios [LO2] Find the following financial ratios for Smolira Golf Corp. for 2018...
2. Calculating Financial Ratios [LO2] Find the following financial ratios for Smolira Golf Corp. for 2018 (year-end figures reflect average values where appropriate): Assets Current assets Cash Accounts receivable Inventory Total SMOLIRA GOLF CORP. 2018 Balance Sheets Liabilities and Owners' Equity 2018 2018 Current liabilities $ 37,837 Accounts payable $ 42,582 27,766 Notes payable 16,200 42.632 Other 24 634 108,235 Total 83,416 145,000 Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Equity Total liabilities and owners'...
Please take this list and write the formulas used for these ratios and what the ratio...
Please take this list and write the formulas used for these ratios and what the ratio is telling us or used for Payout ratio Price-earnings (P-E) ratio Profitability ratios Profit margin Pro forma income Quality of earnings Ratio Ratio analysis Return on assets Return on common stockholders' equity (ROE) Solvency ratios Sustainable income Times interest earned Trading on the equity Trading securities Vertical analysis
Using the financial statements for the Snider Corporation, calculate the 13 basic ratios found in the...
Using the financial statements for the Snider Corporation, calculate the 13 basic ratios found in the chapter. MARNI CORPORATION Balance Sheet December 31, 2018 Assets Current assets: Cash $50,000 Accounts receivable 100,000 Inventory 200,000 Total current assets $350,000 Net plant and equipment $650,000 Total assets $1,000,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $100,000 Accrued expenses 90,000 Total current liabilities $190,000 Long-term liabilities: Long-term debt: 250,000 Total liabilities $440,000 Stockholders' equity: Common stock 100,000 Capital paid in excess of...
26. Calculating Financial Ratios (LO2] Find the following financial ratios for Smolira Golf Corp. (use year-end...
26. Calculating Financial Ratios (LO2] Find the following financial ratios for Smolira Golf Corp. (use year-end figures rather than average values where appropriate): Assets 2017 2018 Short-term solvency ratios: SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities S 37857 Accounts payable S 36.722 27.766 Notes puble 19.00 42632 Other 19 SHO.255 Toal Long term debe S115.000 $ 34 35 42582 a. Current ratio. Accounts receivable 16.200 b. Quick ratio. 17.801 _36,310 $88.9...
The following financial statements apply to Karl Company: Calculate the following ratios for 2018 and 2019....
The following financial statements apply to Karl Company:
Calculate the following ratios for 2018 and 2019. Since 2017
numbers are not presented, do not use averages when calculating the
ratios for 2018. Instead, use the number presented on the 2018
balance sheet.
2019 2018 $420,000 16,000 436,000 $350,000 10,000 360,000 252,000 42,000 22,000 6,000 42,000 364,000 $ 72,000 206,000 38,000 20,000 6,000 36,000 306,000 $ 54,000 Revenues Net sales Other revenues Total revenues Expenses Cost of goods sold Selling expenses...
Profitability ratios: l. Profit margin % m. Return on assets % n. Return on equity %...
Profitability ratios: l. Profit margin % m. Return on assets % n. Return on equity % SMOLIRA GOLF CORP. 2018 Income Statement Sales $ 336,329 Cost of goods sold 231,000 Depreciation 21,600 Earnings before interest and taxes $ 83,729 Interest paid 14,400 Taxable income $ 69,329 Taxes (21%) 14,559 Net income $ 54,770 Dividends $ 21,000 Retained earnings 33,770 Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Assets Liabilities and...
Question 3 Assume that the following financial ratios were computed from the 2017 financial statements of...
Question 3 Assume that the following financial ratios were computed from the 2017 financial statements of Florida Industries: Return on sales (profit margin) 0.29 Return on assets 0.17 Common equity leverage 0.87 Capital structure leverage 2.22 Asset turnover 1.69 If Florida holds its other ratios constant in 2018, but increases its capital structure leverage ratio to 3.20, what will be the 2018 return on equity? Group of answer choices 15% 51% 86% 47%
The following is the balance sheet and income statement for Metro Eagle Outfitters, in condensed form,...
The following is the balance sheet and income statement for Metro Eagle Outfitters, in condensed form, plus some information from the cash flow statement. Balance Sheet 2019 2018 2017 Cash and short-term investments $ 645,992 $ 760,044 $ 749,693 Accounts receivable 47,821 41,810 39,721 Inventory 347,452 397,514 316,208 Other current assets 115,535 118,120 98,788 Total current assets 1,156,800 1,317,488 1,204,410 Long-lived assets 575,332 624,982 571,302 Total assets $ 1,732,132 $ 1,942,470 $ 1,775,712 Current liabilities $ 470,402 $ 450,401 $...
Which of the following ratios will not increase when net income increases? A. Return on equity...
Which of the following ratios will not increase when net income increases? A. Return on equity B. Net profit margin. C. Return on assets. D. Gross profit percentage
Compare and analyze ratios of two companies.
Profitability ratios Dec 31, 2018 Return on Sales Gross profit margin Operating profit margin 63.05% 27.31% 20.20% Net profit margin Return on Investment Return on equity (ROE) Return on assets (ROA) 37.89% 7.73% Dec 29, 2018 Return on Sales 54.56% Gross profit margin Operating profit margin Net profit margin 15.64% 19.35% Return on Investment Return on equity (ROE) 86.20% Return on assets (ROA) 16.12%
2. Calculating Financial Ratios [LO2] Find the following financial ratios for Smolira Golf Corp. for 2018 (year-end figures reflect average values where appropriate): Assets Current assets Cash Accounts receivable Inventory Total SMOLIRA GOLF CORP. 2018 Balance Sheets Liabilities and Owners' Equity 2018 2018 Current liabilities $ 37,837 Accounts payable $ 42,582 27,766 Notes payable 16,200 42.632 Other 24 634 108,235 Total 83,416 145,000 Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Equity Total liabilities and owners'...
Please take this list and write the formulas used for these ratios and what the ratio is telling us or used for Payout ratio Price-earnings (P-E) ratio Profitability ratios Profit margin Pro forma income Quality of earnings Ratio Ratio analysis Return on assets Return on common stockholders' equity (ROE) Solvency ratios Sustainable income Times interest earned Trading on the equity Trading securities Vertical analysis
26. Calculating Financial Ratios (LO2] Find the following financial ratios for Smolira Golf Corp. (use year-end figures rather than average values where appropriate): Assets 2017 2018 Short-term solvency ratios: SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities S 37857 Accounts payable S 36.722 27.766 Notes puble 19.00 42632 Other 19 SHO.255 Toal Long term debe S115.000 $ 34 35 42582 a. Current ratio. Accounts receivable 16.200 b. Quick ratio. 17.801 _36,310 $88.9...
The following financial statements apply to Karl Company:
Calculate the following ratios for 2018 and 2019. Since 2017
numbers are not presented, do not use averages when calculating the
ratios for 2018. Instead, use the number presented on the 2018
balance sheet.
2019 2018 $420,000 16,000 436,000 $350,000 10,000 360,000 252,000 42,000 22,000 6,000 42,000 364,000 $ 72,000 206,000 38,000 20,000 6,000 36,000 306,000 $ 54,000 Revenues Net sales Other revenues Total revenues Expenses Cost of goods sold Selling expenses...
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