Using the selected information given below for Bliss Company, calculate return on assets, debt ratio, and profit margin. Comment on the results of operations and the financial position of the company for the year.
Return on assets = ($950,000-795,000)/((1,900,000+1,500,000)/2) =9.1%
Debt ratio=$850,000/1,900,000=44.7%
Profit margin=$155,000/950,000=16.3%
Definitions:
Contract Curve
In economics, it is a curve that shows the set of mutually beneficial (efficient) allocations in a trade or exchange situation.
Edgeworth Box
A diagram used in microeconomics to show the distribution of resources and the optimal allocation between two individuals.
Pareto Optimal Allocations
Economic situations where no individual can be made better off without making another individual worse off.
Edgeworth Box
A diagram used in microeconomics to show the distribution of resources or outcomes between two parties, illustrating concepts like efficiency and market equilibria.
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