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