2023 Net Profit Margin 17.50% 2022 Net Profit Margin 16.78% 2023 Current Ratio 0.88 2023 Return on Equity 41.48% 2023 Asset Turnover 0.80 © 2023 Net Profit Margin 2022 Net Profit Margin 20% Net Profit Comparision 15% 1% 10% 5% 0% 2023 Current Ratio 2022 Current Ratio 1.0 2022 Current Ratio Current Ratio Comparision 0.91 2022 Return on Equity 48.74% -3% Retrun on Equity Comparision -15%+ 0.5 0.0 2023 Return on Equity 2022 Return on Equity 40% 20% 0% 2023 Asset Turnover 2022 Asset Turnover 0.8 2022 Asset Turnover Asset Turnover Comparision 0.6 0.79 2023 Debt-to-Equity Ratio 65.32% 2022 Debt-to-Equity Ratio 71.99% 2% ↑ 0.4 0.2 0.0 2023 Debt-to-Equity Ratio 80% 2022 Debt-to-Equity... Debt-to-Equity Ratio... 60% -8% 40% 20% 0%
2023 Net Profit Margin 17.50% 2022 Net Profit Margin 16.78% 2023 Current Ratio 0.88 2023 Return on Equity 41.48% 2023 Asset Turnover 0.80 © 2023 Net Profit Margin 2022 Net Profit Margin 20% Net Profit Comparision 15% 1% 10% 5% 0% 2023 Current Ratio 2022 Current Ratio 1.0 2022 Current Ratio Current Ratio Comparision 0.91 2022 Return on Equity 48.74% -3% Retrun on Equity Comparision -15%+ 0.5 0.0 2023 Return on Equity 2022 Return on Equity 40% 20% 0% 2023 Asset Turnover 2022 Asset Turnover 0.8 2022 Asset Turnover Asset Turnover Comparision 0.6 0.79 2023 Debt-to-Equity Ratio 65.32% 2022 Debt-to-Equity Ratio 71.99% 2% ↑ 0.4 0.2 0.0 2023 Debt-to-Equity Ratio 80% 2022 Debt-to-Equity... Debt-to-Equity Ratio... 60% -8% 40% 20% 0%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
provide reasons for the attached calculated ratios using GSK 2023 annual report and provide non-financail performance analysis examples for GSK 2023.
![2023 Net Profit Margin
17.50%
2022 Net Profit Margin
16.78%
2023 Current Ratio
0.88
2023 Return on Equity
41.48%
2023 Asset Turnover
0.80
© 2023 Net Profit Margin
2022 Net Profit Margin
20%
Net Profit Comparision
15%
1%
10%
5%
0%
2023 Current Ratio
2022 Current Ratio
1.0
2022 Current Ratio
Current Ratio Comparision
0.91
2022 Return on Equity
48.74%
-3%
Retrun on Equity Comparision
-15%+
0.5
0.0
2023 Return on Equity
2022 Return on Equity
40%
20%
0%
2023 Asset Turnover
2022 Asset Turnover
0.8
2022 Asset Turnover
Asset Turnover Comparision
0.6
0.79
2023 Debt-to-Equity Ratio
65.32%
2022 Debt-to-Equity Ratio
71.99%
2% ↑
0.4
0.2
0.0
2023 Debt-to-Equity Ratio
80%
2022 Debt-to-Equity...
Debt-to-Equity Ratio...
60%
-8%
40%
20%
0%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcf9cfc91-583e-4c3e-b784-7835e1d5c341%2Fc8b84efd-fbfb-4052-bd8e-b9d08f901fd6%2F82uyevh_processed.png&w=3840&q=75)
Transcribed Image Text:2023 Net Profit Margin
17.50%
2022 Net Profit Margin
16.78%
2023 Current Ratio
0.88
2023 Return on Equity
41.48%
2023 Asset Turnover
0.80
© 2023 Net Profit Margin
2022 Net Profit Margin
20%
Net Profit Comparision
15%
1%
10%
5%
0%
2023 Current Ratio
2022 Current Ratio
1.0
2022 Current Ratio
Current Ratio Comparision
0.91
2022 Return on Equity
48.74%
-3%
Retrun on Equity Comparision
-15%+
0.5
0.0
2023 Return on Equity
2022 Return on Equity
40%
20%
0%
2023 Asset Turnover
2022 Asset Turnover
0.8
2022 Asset Turnover
Asset Turnover Comparision
0.6
0.79
2023 Debt-to-Equity Ratio
65.32%
2022 Debt-to-Equity Ratio
71.99%
2% ↑
0.4
0.2
0.0
2023 Debt-to-Equity Ratio
80%
2022 Debt-to-Equity...
Debt-to-Equity Ratio...
60%
-8%
40%
20%
0%
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Essentials Of Investments](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781260013924/9781260013924_smallCoverImage.jpg)
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
![FUNDAMENTALS OF CORPORATE FINANCE](https://www.bartleby.com/isbn_cover_images/9781260013962/9781260013962_smallCoverImage.gif)
![Financial Management: Theory & Practice](https://www.bartleby.com/isbn_cover_images/9781337909730/9781337909730_smallCoverImage.gif)
![Essentials Of Investments](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781260013924/9781260013924_smallCoverImage.jpg)
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
![FUNDAMENTALS OF CORPORATE FINANCE](https://www.bartleby.com/isbn_cover_images/9781260013962/9781260013962_smallCoverImage.gif)
![Financial Management: Theory & Practice](https://www.bartleby.com/isbn_cover_images/9781337909730/9781337909730_smallCoverImage.gif)
![Foundations Of Finance](https://www.bartleby.com/isbn_cover_images/9780134897264/9780134897264_smallCoverImage.gif)
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
![Fundamentals of Financial Management (MindTap Cou…](https://www.bartleby.com/isbn_cover_images/9781337395250/9781337395250_smallCoverImage.gif)
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
![Corporate Finance (The Mcgraw-hill/Irwin Series i…](https://www.bartleby.com/isbn_cover_images/9780077861759/9780077861759_smallCoverImage.gif)
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education