ZK
Zybrea Knight
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ZK
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The records of Washington Company showed the following:
*10,000 shares outstanding at 1/1 and at 12/31;current market price,$30
**Including income tax;income tax rate is 30%
Calculate each of the following ratios:
A.Return on assets
B.Return on equity
C.Net profit margin
D.Earnings per share
*10,000 shares outstanding at 1/1 and at 12/31;current market price,$30**Including income tax;income tax rate is 30%
Calculate each of the following ratios:
A.Return on assets
B.Return on equity
C.Net profit margin
D.Earnings per share
On May 05, 2024
A.Return on assets = $17,000 ÷ $330,000 = 5.2%.
B.Return on equity = $17,000 ÷ $200,000 = 8.5%.
C.Net profit margin = 17,000 ÷ $100,000 = 17%.
D.Earnings per share = $17,000 ÷ 10,000 = $1.70.
B.Return on equity = $17,000 ÷ $200,000 = 8.5%.
C.Net profit margin = 17,000 ÷ $100,000 = 17%.
D.Earnings per share = $17,000 ÷ 10,000 = $1.70.