1) Gordon Wear has $800,000 in assets and $200,000 of total debt. It reports the...
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1) Gordon Wear has $800,000 in assets and $200,000 of total debt. It reports the net income from proucts is $100,000 a) What is its ROA b) What is the return on shareholder's equity c) of the business has an asset turnover ratio of 2.75 times, what is the profit margin? 31-Dec-19 1,980,000 1,280,000 2) please re-arrange the financial statement in right format and calculate all the ration mentioned in the lecture for following company Sneider Corp's Balance Sheet 31-Dec-19 Income Statement Cash 50,000 Notes Payable-short term 70,000 Project Revenue Marketable Securities 20,000 long term Investment 60,000 COGS Accounts Receivable 160,000 Accumulated Depreciation Plant and equipment 190,000 Gross Profit Inventory 200,000 Accounts Payable 90,000 Operating exp Plant and equipment 600,000 Admin & Selling Exp Shareholder's Capital (common share and preferred shares) 370,000 Net profit before Interest and tax Long-term loan payable -- 16 years 160,000 Retained Earnings 210,000 Interest Expense Earning before tax 700,000 475,000 225,000 3 25,000 200,000 3 Taxes 80,000 Earning after tax 120,000 2
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