FINANCIAL ACCOUNTING-TEXT
FINANCIAL ACCOUNTING-TEXT
6th Edition
ISBN: 2810023103767
Author: DYCKMAN
Publisher: CAMB BUS
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Chapter 1, Problem 47CP

a.

To determine

Calculate the return on equity of Company G and company N for the year 2017.

b.

To determine

Calculate the debt-to equity ratio of Company G and company N for the year 2017.

c.

To determine

Prepare an income statement of Company G and Company N for the year 2017, and calculate the gross profit as a percentage of sales revenue.

d.

To determine

Compare company G and company N and indicate the factors that might cause the differences in the computed ratios.

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Financial ratio analysis; Author: The Finance Storyteller;https://www.youtube.com/watch?v=MTq7HuvoGck;License: Standard Youtube License