The following information is for Tulip Company. 2016(in $) 2015 ( in $) Non current Asset 80000 65000 Current Assets 50000 35000 Total Assets 130000 100000 Non current Liabilities 31000 29000 Current Liabilities 35000 23000 Total Liabilities 66000 52000 Stockholder Equity 64000 48000 Total Equity+Liablities 130000 100000 Income statement Summary Sales 435000 345000 Net Income 35000 23000 Questions Note: Do not average Compute the following ratios for the year 2016. The return on revenue(sales) is __________ . 5.09% 6.10% 8.05% 5.54% The return on asset is __________. 25.09% 27.10% 26.92% 25.54% The return on equity is __________. 55.09% 54.69% 46.92% 55.54% The current ratio is __________. 1.56 2.50 1.43 1.25
The following information is for Tulip Company.
2016(in $) 2015 ( in $)
Non current Asset 80000 65000
Current Assets 50000 35000
Total Assets 130000 100000
Non current Liabilities 31000 29000
Current Liabilities 35000 23000
Total Liabilities 66000 52000
Total Equity+Liablities 130000 100000
Income statement Summary
Sales 435000 345000
Net Income 35000 23000
Questions
Note: Do not average
Compute the following ratios for the year 2016.
The return on revenue(sales) is __________ .
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