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

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

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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