Breaktown Company Had Net Income of $152,000 and Net Sales

question 212

Essay

Breaktown Company had net income of $152,000 and net sales of $625,000 in 2014. The company's total assets for 2013/2014 averaged $4,000,000. Its ordinary shareholders' equity for the period averaged $2,340,000. Calculate (a) profit margin, (b) return on assets, and (c) return on ordinary shareholders' equity.

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Definitions:

Periods Of Silence

Intervals of silence within a conversation or communication process, which can be culturally significant or reflective of the communicative context.

Office Time Gossiping

The act of engaging in informal conversation or rumors about others, typically not work-related, during office hours.

Hours

Units of time equivalent to 60 minutes, often used to measure the duration of work, services, or events.

Grapevine

An informal and unofficial channel of communication within an organization, often characterized by rumors and non-official information.