Question

uL T&Course.d 16476 1&content id 845099 18step-null G.С. Mi te s 2016 financial staten ents show average shareholders' equity of S20,412 mal $86,700 milion. net mo ne ots o an ad a nage itala te r How much is G C. Murphey's retum on assets for the year? A477% В 581% C11 42% O D.24 69% QUESTION 22 G C Murphey's 2016 bala $760 million, and common shares issued of $3,832 million. nce sheet shows average stockholders' equity of $36,000 milion, net operating profnt after tax of $2,.20 million, net income of The company has no preferred shares issued G. C. Murphey's return on common stockholders equity for the year is A 7.3096 B. 19.83% С 211% O D. 6.3396 QUESTION 23 G. C. Murphey's 2016 financial statements show net income of $5,040 million, sales of $306,932 million, and average total assets of $86, 700 milion How much is G. C. Murphey's return on sales for the year? O A 1.64% B 4 71% О С 5.81% @ D 10 20%

Answer 1

Solution for 21

B) : 5.81% is correct answer

Calculation for Return on Asset

=Net Income / Average total Asset X100

=$5040/$86700X100=5.81%

Solution for 22

C) : 2.11% is correct answer

Calculation for Return on Common Shareholder Equity

=Net Income / Average Shareholder Equity X100

=$760/$36000X100=2.11%

Solution for 23

A) : 1.64% is correct answer

Calculation for Return on the sales for the year

= Net Income / Sales X100

=$5040/$306932X100=1.642%

Solution for 25

B) Earnign Per Common Share

As per Chegg only first question can be solved however, solution provided for more than 1 question