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    Financial statement analysis

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    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

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    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