Find the following ratios for Motorola Credit Corporation’s annual report (round to the nearest hundredth percent): Net revenue (sales) $265 million Net earnings $147m Total assets $1,01m Total liabilities $1,768m Total stockholder’s equity $427m 3) total dept to total assets 4) return on equity 5) asset turnover (to the nearest cent) 6) profit margin on net sales
Find the following ratios for Motorola Credit Corporation’s annual report (round to the nearest hundredth percent): Net revenue (sales) $265 million Net earnings $147m Total assets $1,01m Total liabilities $1,768m Total stockholder’s equity $427m 3) total dept to total assets 4) return on equity 5) asset turnover (to the nearest cent) 6) profit margin on net sales
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 54CE
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Question
Find the following ratios for Motorola Credit Corporation’s annual report (round to the nearest hundredth percent):
Net revenue (sales) $265 million
Net earnings $147m
Total assets $1,01m
Total liabilities $1,768m
Total
3) total dept to total assets
4) return on equity
5) asset turnover (to the nearest cent)
6) profit margin on net sales
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