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The comparative income interents and additional data for Orange Decor Ine, follow Click the icon to view the comparte income
d Homework 5 of 7 (3 complete) ► er, Inc., follow: lic 0 Data Table Grange Decor, Inc. Comparative Income Statements Years En
1 Homework 5 of 7 (3 complete) Inc. follow: - i Data Table Data Table 2018 2017 2016 Total assets $ 250,000 102,000 Common st
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Answer #1
Particulars Formula 2018 ($) 2017 ($)
ROS Operating Profit/Sales * 100 23.158 23.750
NT Net Income/Sales * 100 12.105 14.167
ROA Net Income/Average Total Assests * 100 8.070 13.077
L Total Assests/Total equity 2.885 2.621
ROE Net Income/ Shareholder's Equity*100 19.328 29.060

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