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ofitability Rati Use the financial information below to calculate Macys profitability ratios for 2017. Show your calculation
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Answer #1

1) Return on Equity = Net Income/Average Shareholder Equity

= 1335*2/(6051+5933)

= 22.28%

2) Return on net Operating Assets = Net Income/Average net Operating Assets

= 1335*2/(11145+10864)

= 12.13%

3) Operating Profit margin = 1335/27686 = 4.82%

4) Net Operating asset Turnover = 1335/1687 = 0.79

Only Four parts at a time. It's a policy

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