Please use the financial ratios below to evaluate and each company’s performance relative to the other three companies in the industry. Please be more specific. Net profit marginTotal asset turnoverAssets-to-Equity RatioROEAxel Co.19%1.533.498.8%Blue Co6%1.881.618.0%Carol Co.10%1.001.0610.6%David Co.4%1.111.88.0%

Each organization will have to carry out a financial analysis from time to time to assess their own…

Answered: Please use the financial ratios below…

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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Please use the financial ratios below to evaluate and each company’s performance relative to the other three companies in the industry. Please be more specific.

	Net profit margin	Total asset turnover	Assets-to-Equity Ratio	ROE
Axel Co.	19%	1.53	3.4	98.8%
Blue Co	6%	1.88	1.6	18.0%
Carol Co.	10%	1.00	1.06	10.6%
David Co.	4%	1.11	1.8	8.0%

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