Homework Answers
| 2014 | 2013 | ||||
| Choose Numerator | / | Choose Denominator | rounded to one decimal | ||
| Gross profit | Gross profit | sales*100 | 10.7 | 10.6 | |
| (110212-98458)/110212*100 | (102870-91948)/102870*100 | ||||
| 2) Operating Margin | Operating Income | sales*100 | 2.9 | 3.0 | |
| 3220/110212*100 | 3053/102870*100 | ||||
| Profit margin ratio | Net Income | sales*100 | 1.9 | 2.0 | |
| 2088/110212*100 | 2061/102870*100 | ||||
| Times Interest earned | Operating Income | Interest expenses | 28.5 | 30.8 | |
| 3220/113 | 3053/99 | ||||
| Return on common stockholder equity | Net income | Ending common stockholder equity | 16.4 | 18.7 | |
| 2058/(33024-20509)*100 | 2061/(30283-19271)*100 | ||||
| Return on total assets | Net income | Total assets*100 | 6.2 | 6.8 | |
| 2058/33024*100 | 2061/30283*100 | ||||
| Debt to equity ratio | Total Debt | Total equity | 163.9 | 175.0 | |
| 20509/(33024-20509)*100 | 19271/(30283-19271)*100 | ||||
| Days in inventory | Enidng Inventory | Cost of good sold*365 | 31.3 | 31.3 | |
| 8456/98458*365 | 7894/91948*365 | ||||
| Inventory turnover | Cost of good sold | Average Inventory | 11.6 | 11.6 | |
| 98458/8456 | 91948/7894 | ||||
| Average collection period | AR/sales*365 | 3.8 | 3.6 | ||
| 1148/110212*365 | 1026/102870*365 | ||||
| If any doubt please comment |
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