Exercises1. Selected data from the Tatum Company are presented below:Total assetsAverage assetsNet incomeNet salesC.Average common stockholders' equityNet cash provided by operating activitiesb. Assets TurnoverInstructionsCalculate the profitability ratios that can be computed from the above information.a. Profit Margin?ROAP1,500,0001,700,000275,0001,400,000d. ROE1,000,000275,000

Exercises 1. Selected data from the Tatum Company are presented below: Total assets Average assets Net income Net sales Average common stockholders' equity P1,500,000 1,700,000 275,000 1,400,000 1,000,000

Exercises 1. Selected data from the Tatum Company are presented below: Total assets Average assets Net income Net sales Average common stockholders' equity P1,500,000 1,700,000 275,000 1,400,000 1,000,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Exercises
1. Selected data from the Tatum Company are presented below:
Total assets
Average assets
Net income
Net sales
C.
Average common stockholders' equity
Net cash provided by operating activities
b. Assets Turnover
Instructions
Calculate the profitability ratios that can be computed from the above information.
a. Profit Margin?
ROA
P1,500,000
1,700,000
275,000
1,400,000
d. ROE
1,000,000
275,000

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