Ratios analyzing firm profitability; Sales revenue: 6,600,000,Cost of goods sold: 4,008,400, Net income: 310,300; Year end totalassets:2,750,00, Common stockholder's equity 1,800,000. Calculatethe following ratios: Gross profit percentage, Return on salespercentage, Return on assets %, and Return on common Stockholdersequity %

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Keith LeannonLv2

28 Sep 2019

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Ratios Analyzing Firm Profitability
The following information is available for Buhler Company:

Annual Data	2016	2015
Net sales	$8,600,000	$8,200,000
Gross profit on sales	3,050,000	2,736,000
Net income	567,600	488,000

Year-End Data	Dec. 31, 2016	Dec. 31, 2015
Total assets	$6,500,000	$6,000,000
Stockholdersâ equity	4,000,000	3,200,000

Calculate the following ratios for 2016:

Round answers to one decimal place, unless otherwise noted.

a. Gross profit percentage

%

b. Return on sales

%

c. Asset turnover (Round answer to two decimal places.)

d. Return on assets

%

e. Return on common stockholdersâ equity (Buhler Company has nopreferred stock.)

%

ceriseoyster844

Suppose selected comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet data are as of the end of the fiscal year (in millions).

	2020	2019
Net sales	$5,150	$5,100
Cost of goods sold	3,000	3,701
Net income	75	191
Accounts receivable	65	102
Inventory	1,250	1,350
Total assets	2,950	3,250
Total common stockholders’ equity	920	1,070

Compute the following ratios for 2020.

(a)Profit margin

(b)Asset turnover times

(c)Return on assets

(d)Return on common stockholders' equity

(e)Gross profit rate

lavendercoyote471

Hillside,Inc.

BALANCE SHEET					INCOME STATEMENT
($ in millions)					($ in millions)

ASSETS		LIABILITIES			Revenue	28,681.10
Cash & Marketable Securities	449.90	Accounts Payable	1,611.20		Cost Of Goods Sold	20,768.80
Accounts Receivable	954.80	Salaries Payable	225.20		Gross Profit	7,912.30
Inventories	3,645.20	Other Current Liabilities	1,118.80
Other Current Assets	116.60	Total Current Liabilities	2,955.20		Operating Expenses:
Total Current Assets	5,166.50				Selling, General & Admin.	5,980.80
		Other Liabilities	693.40		Depreciation	307.30
Machinery & Equipment	1,688.90				Operating income	1,624.20
Land	1,129.70	Total Liabilities	3,648.60
Buildings	2,348.40				Interest	-
Depreciation	(575.60)	SHAREHOLDER'S EQUITY			Other Expense (Income)	(13.10)
Property, Plant & Equip. - Net	4,591.40	Common Stock	828.50		Income Before Taxes	1,637.30
Other Long Term Assets	120.90	Retained Earnings	5,401.70		Income Taxes	618.10
Total Long-Term Assets	4,712.30	Total Shareholder's Equity	6,230.20		Net Income	1,019.20

Total Assets	9,878.80	Total Liabilities & Equity	9,878.80
					Number of Common Stock
					Shares Outstanding	1,032,271


		Input Answers Below		Financial Performance Summary
LIQUIDITY RATIOS
Current Ratio (times)
Quick Ratio (times)
Average Payment Period (days)

ASSET MANAGEMENT RATIOS
Total Asset Turnover (times)
Average Collection Period (days)
Inventory Turnover (times)

FINANCIAL LEVERAGE RATIOS
Total Debt to Total Assets
Equity Multiplier (times)

PROFITABILITY RATIOS
Operating Profit Margin
Net Profit Margin
Return on Total Assets
Return on Equity
Earnings per Share

viridianporcupine777

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