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.

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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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.
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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