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2 Data Table 3. Comparative Balance Sheet Income Statement 2018 and 2017 2018 2017 For the Year Ended Dece 2018 s 5,000,000 2
r the f condensed financial statements of Safe Money, Inc The companys target rate of returns 30% EEB (Click the icon to vie
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Answer #1
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Operating assets at the beginning of the year             415,000
Operating assets at the end of the year             585,000
Average operating assets ((415000+585000)/2) $        500,000
Answer 1
Operating income          350,000
Divided by: Average operating assets          500,000
Return on investment 70.00%
Answer 2
Operating income          350,000
Divided by: Sales      5,000,000
Operating Profit Margin 7.00%
Interpret: Profit Margin is 7%. It means company earned $ 7 operating income on every sale of $ 100.
Answer 3
Sales      5,000,000
Divided by: Average operating assets          500,000
Assets Turnover              10.00
Interpret: Assets Turnover is 10. it means the company generates $ 10 sales using $1 operating assets. Company is well efficient in terms of Assets utilization.
Answer 4
Operating Profit Margin 7.00%
Assets Turnover              10.00
Return on investment (Multiply of both) 70.00%
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