Chapter 9, Problem 69P

ABC Ltd. reported a net income of $850 million and sales revenue of $18,200 million in 2023. The company's total assets were $7,800 million at the beginning of the year and $8,600 million at the end of the year. a) Compute the asset turnover ratio. b) Compute the profit margin ratio.

Variable expenses:220500, fixed expenses:72000

Omega Tech started the year with total assets of $80,000 and total liabilities of $30,000. During the year, the company earned $65,000 in service revenues and incurred $42,000 in expenses. Additionally, Omega issued stock worth $12,000 and paid dividends of $16,000. Find the change in stockholders' equity from the beginning to the end of the year.

Answer do fast and step by step calculation with explanation for this general accounting question

help me to solve this questions

I need answer financial accounting queen

Answer this without using chatgtp or AI

Help me with this

hi expert please help me