Question 4 of 4 Culver Corp. Bridgeport Corp. Net income $253,740 $359,190 Sales revenue 1,268,700 1,381,500 Total assets (average) 4,229,000 3,453,750 Plant assets (average) 2,790,000 1,891,000 Intangible assets (goodwill) 400,100 (a) For each company, calculate these values: (Round return on assets and profit margin to 1 decimal place, e. turnover to 2 decimal places, e.g. 17.54.) (1) Return on assets (2) Profit margin (3) Asset turnover Culver Corp. Bridgeport Corp. % % % do times % times
Question 4 of 4 Culver Corp. Bridgeport Corp. Net income $253,740 $359,190 Sales revenue 1,268,700 1,381,500 Total assets (average) 4,229,000 3,453,750 Plant assets (average) 2,790,000 1,891,000 Intangible assets (goodwill) 400,100 (a) For each company, calculate these values: (Round return on assets and profit margin to 1 decimal place, e. turnover to 2 decimal places, e.g. 17.54.) (1) Return on assets (2) Profit margin (3) Asset turnover Culver Corp. Bridgeport Corp. % % % do times % times
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Question 4 of 4
Culver Corp.
Bridgeport Corp.
Net income
$253,740
$359,190
Sales revenue
1,268,700
1,381,500
Total assets (average)
4,229,000
3,453,750
Plant assets (average)
2,790,000
1,891,000
Intangible assets (goodwill)
400,100
(a)
For each company, calculate these values: (Round return on assets and profit margin to 1 decimal place, e.
turnover to 2 decimal places, e.g. 17.54.)
(1)
Return on assets
(2)
Profit margin
(3)
Asset turnover
Culver Corp.
Bridgeport Corp.
%
%
%
do
times
%
times
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