Assume the following data for Interactive Technology and Silicon Software. Silicon Software (SS) Interactive Technology (IT) 39,900 310,000 480,000 $ $ 112,000 2,550,000 937,000 187,000 538,000 293,000 399,000 Net income Sales Total assets Total debt Shareholders' equity a-1. Compute return on shareholders' equity. (Do not round intermediate calculations. Round the final answers to Interactive Technology (IT) Silicon Software (55) Return on Shareholders' equity X a-2. This part of the question is not part of your Connect assignment. b. Compute the following ratios for both firms (Round the final answers to 2 decimal places.) Interactive Technology (IT) X Silicon Software (SS) Net income / Sales Net income / Total assets Sales/ Total assets Debt Total assets. X X X c. This part of the question is not part of your Connect assignment.
Assume the following data for Interactive Technology and Silicon Software. Silicon Software (SS) Interactive Technology (IT) 39,900 310,000 480,000 $ $ 112,000 2,550,000 937,000 187,000 538,000 293,000 399,000 Net income Sales Total assets Total debt Shareholders' equity a-1. Compute return on shareholders' equity. (Do not round intermediate calculations. Round the final answers to Interactive Technology (IT) Silicon Software (55) Return on Shareholders' equity X a-2. This part of the question is not part of your Connect assignment. b. Compute the following ratios for both firms (Round the final answers to 2 decimal places.) Interactive Technology (IT) X Silicon Software (SS) Net income / Sales Net income / Total assets Sales/ Total assets Debt Total assets. X X X c. This part of the question is not part of your Connect assignment.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Assume the following data for Interactive Technology and Silicon Software.
Interactive
Technology (IT)
39,900
Silicon
Software (SS)
$
$
112,000
310,000
2,550,000
480,000
937,000
538,000
187,000
293,000
399,000
Net income
Sales
Total assets
Total debt
Shareholders' equity
a-1. Compute return on shareholders' equity. (Do not round Intermediate calculations. Round the final answers to 2 d
Interactive Technology (IT)
Silicon Software (SS)
Return on
Shareholders' equity
%
%
a-2. This part of the question is not part of your Connect assignment.
b. Compute the following ratios for both firms (Round the final answers to 2 decimal places.)
Net income / Sales
Net income / Total assets
Sales/ Total assets.
Debt / Total assets
Interactive.
Technology (IT)
X
Silicon
Software (SS)
c. This part of the question is not part of your Connect assignment.
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