Explore BrainMass
Share

# Financial statement analysis

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

Barns and Nibbles Bookstore had a net income in 2002 of \$90,000. Some of the financial ratios from its annual report are:

Profit Margin - 12%
Return on Assets - 20%
Debt to Assets Ratio - 55%

Calculate the following:

a) sales
b) Total Assets
c) Total Asset Turnover
d) Total Debt
e) Stockholder's Equity
f) Return on Equity

https://brainmass.com/economics/finance/financial-statement-analysis-barnes-nobles-86120

#### Solution Preview

Barns and Nibbles Bookstore had a net income in 2002 of \$90,000.  Some of the financial ratios from its annual report are:

Profit Margin - 12%
Return on Assets - 20%
Debt to Assets Ratio - 55%

Calculate the following:

a) sales
b) Total Assets
c) Total Asset Turnover
d) Total Debt
e) Stockholder's Equity
f)  Return on Equity

a) sales
Net income= \$90,000 (Given)
Profit margin = Net income / Sales ...

#### Solution Summary

The solution calculates : a) sales b) Total Assets c) Total Asset Turnover d) Total Debt e) Stockholder's Equity f) Return on Equity

\$2.19