Selected Current Year End Financial Information for a Company Is

question 108

Essay

Selected current year end financial information for a company is presented below.Calculate the following company ratios:
(a)Profit margin.
(b)Total asset turnover.
(c)Return on total assets.
(d)Return on common stockholders' equity (assume the company has no preferred stock).
Net income……………………………….. $ 325,000
Net sales………………………………….. 4,700,000
Total liabilities,beginning-year………….. 550,000
Total liabilities,end-of-year……………… 530,000
Total stockholders' equity,beginning-year. 760,000
Total stockholders' equity,end-of-year….. 745,000

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Definitions:

Prejudice

A preconceived opinion or judgment about someone or something that is not based on reason or actual experience.

Nonconformity

The refusal to align one's actions or beliefs with prevailing norms or standards.

Discrimination

Discrimination is the unfair or prejudicial treatment of individuals based on characteristics such as race, gender, age, or sexual orientation.

Jigsaw Classroom

An instructional strategy designed to promote cooperation and reduce prejudice by having students work in racially or ethnically diverse groups on fragmented sections of a lesson.