Required information [The following information applies to the questions displayed below.] Sales Net income Total assets Equity Dividends MM Clubhouse, Incorporated Selected financial information ($ millions) 2018 2020 411.78 19.70 318.43 211.03 0.58 287.31 11.22 268.58 180.63 0.00 2019 339.19 16.48 275.30 191.90 5.21 2021 446.84 12.23 451.32 222.57 0.69 Please refer to the selected financial information for Mickey Mouse Clubhouse above. In 2020, what was the profit margin?
Required information [The following information applies to the questions displayed below.] Sales Net income Total assets Equity Dividends MM Clubhouse, Incorporated Selected financial information ($ millions) 2018 2020 411.78 19.70 318.43 211.03 0.58 287.31 11.22 268.58 180.63 0.00 2019 339.19 16.48 275.30 191.90 5.21 2021 446.84 12.23 451.32 222.57 0.69 Please refer to the selected financial information for Mickey Mouse Clubhouse above. In 2020, what was the profit margin?
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
Problem 1PS
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Financial Ratios
A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.
Return on Equity
The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.
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Required information
[The following information applies to the questions displayed below.]
2
Sales
Net income
Total assets
Equity
Dividends
U
MM Clubhouse, Incorporated
Selected financial information ($ millions)
2018
2020
411.78
287.31
11.22
19.70
268.58
318.43
180.63
211.03
0.00
0.58
Please refer to the selected financial information for Mickey Mouse Clubhouse above. In 2020, what was the profit margin?
2016
U
Ų
D
O
2019
339.19
16.48
275.30
191.90
5.21
O
2021
446.84
12.23
451.32
222.57
0.69](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F58b31066-fea7-4a56-ab3e-102759da6c84%2F0ded8688-405f-40a9-a252-f84677636713%2F7m3a80p_processed.jpeg&w=3840&q=75)
Transcribed Image Text:!
Required information
[The following information applies to the questions displayed below.]
2
Sales
Net income
Total assets
Equity
Dividends
U
MM Clubhouse, Incorporated
Selected financial information ($ millions)
2018
2020
411.78
287.31
11.22
19.70
268.58
318.43
180.63
211.03
0.00
0.58
Please refer to the selected financial information for Mickey Mouse Clubhouse above. In 2020, what was the profit margin?
2016
U
Ų
D
O
2019
339.19
16.48
275.30
191.90
5.21
O
2021
446.84
12.23
451.32
222.57
0.69
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