Homework Answers
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6. Net profit margin |
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Net sales |
6000000 |
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Net income(eat) |
750000 |
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net profit margin=(net income/net sale)*100 |
(750000/6000000)*100 |
12.5% |
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7. Current ratio |
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Current assets |
1200000 |
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Current liabilities |
300000 |
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Current ratio=(current assets/current liabilities) |
(1200000/300000) |
4 |
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8. Return on equity |
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Net income |
750000 |
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Equity share holder |
1500000 |
|
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Return on equity=(net income/common equity)*100 |
(750000/1500000)*100 |
50% |
|
9.ans:(c) performing equal to the industry |
||
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Use the following balance sheet and income statement information to answer quest ions 6 to 11:...
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Use the attached Income Statement and Balance Sheet to compute
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