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Grundig Technologies Balance Sheet (As of December 31, 2011) ASSETS 2011 2010 S 69,000 $82,000 $ 22,000 S6,000 Cash Accounts Receivable Supplies $15,000 $180,000 $75,000 $19,000 $189,000 $110,000 Inventories Land Equipment Accumulated Depreciation $260,000 $200,000 (69,000) (42,000) TOTAL ASSETS $612,000 $564,000 LIABILITIES S 34,000 $ 47,000 $19,000 $200,000 Accounts Payable Unearned Rent $15,000 $150,000 Bonds Payable Stockholders' Equity Common Stock($1 Par Value) Retained Earnings $214,000 199,000 $164,000 134,000 TOTAL LIABILITIES AND EQUITY $612,000 $564,000 Grundig Technologies Income Statement For the year ended December 31, 2011 Şales $560.000

Grundig Technologies Balance Sheet (As of December 31, 2011) ASSETS 2011 2010 S 69,000 $82,000 $ 22,000 S6,000 Cash Accounts Receivable Supplies $15,000 $180,000 $75,000 $19,000 $189,000 $110,000 Inventories Land Equipment Accumulated Depreciation $260,000 $200,000 (69,000) (42,000) TOTAL ASSETS $612,000 $564,000 LIABILITIES S 34,000 $ 47,000 $19,000 $200,000 Accounts Payable Unearned Rent $15,000 $150,000 Bonds Payable Stockholders' Equity Common Stock($1 Par Value) Retained Earnings $214,000 199,000 $164,000 134,000 TOTAL LIABILITIES AND EQUITY $612,000 $564,000 Grundig Technologies Income Statement For the year ended December 31, 2011 Şales $560.000

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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  1. Calculate the Rate of Return on Assets (ROA) for 2011. Disaggregate ROA into the profit margin for ROA and total assets turnover components.
  2. Calculate the Rate of Return on Common Stockholders’ Equity (ROCE) for 2011. Disaggregate ROCE into the profit margin for ROCE, total assets turnover and capital structure leverage components.

 

Grundig Technologies Balance Sheet (As of December 31, 2011) ASSETS 2011 2010 Cash S 69,000 $ 22,000 Accounts Receivable $82,000 S66,000 Supplies $15,000 $19,000 Inventories $189,000 $110,000 $200,000 $180,000 Land $75,000 Equipment Accumulated Depreciation $260,000 (69,000) (42,000) TOTAL ASSETS $612.000 $564,000 LIABILITIES Accounts Payable $ 34,000 $ 47,000 Unearned Rent $15,000 $150,000 $19,000 $200,000 Bonds Payable Stockholders' Equity Common Stock( $1 Par Value) Retained Earnings $164,000 134,000 $214,000 199,000 TOTAL LIABILITIES AND EQUITY $612,000 $564,000 Grundig Technologies Income Statement For the year ended December 31, 201i Sales $560,000 Cost of Goods Sold ($320,000) Gross Profit $240,000 General and Administrative Expense Selling Expense Interest Expense ($38,000) ($27,000) (S17,000) Income before Income taxes $158,000 Income Tax Expense (35%) (S55,300) Net Income $102.700
Transcribed Image Text:Grundig Technologies Balance Sheet (As of December 31, 2011) ASSETS 2011 2010 Cash S 69,000 $ 22,000 Accounts Receivable $82,000 S66,000 Supplies $15,000 $19,000 Inventories $189,000 $110,000 $200,000 $180,000 Land $75,000 Equipment Accumulated Depreciation $260,000 (69,000) (42,000) TOTAL ASSETS $612.000 $564,000 LIABILITIES Accounts Payable $ 34,000 $ 47,000 Unearned Rent $15,000 $150,000 $19,000 $200,000 Bonds Payable Stockholders' Equity Common Stock( $1 Par Value) Retained Earnings $164,000 134,000 $214,000 199,000 TOTAL LIABILITIES AND EQUITY $612,000 $564,000 Grundig Technologies Income Statement For the year ended December 31, 201i Sales $560,000 Cost of Goods Sold ($320,000) Gross Profit $240,000 General and Administrative Expense Selling Expense Interest Expense ($38,000) ($27,000) (S17,000) Income before Income taxes $158,000 Income Tax Expense (35%) (S55,300) Net Income $102.700
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