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Required information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. 2015 2014 2013 At December 31 Assets Cash Accounts receivable, net Merchandise Inventory Prepaid expenses Plant assets, net $ 31,800 $ 35,625 $ 37,800 89,500 62,500 50,200 112.500 82,500 54,000 10,700 9,375 5,000 278,500 255.000 230,500 Total assets $523,000 $445,000 $ 377,500 $ 129,900 $ 75,250 $ 51,250 Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings 98,500 163,500 131,100 101,500 163,500 104,750 83,500 163,500 79,250 Total liabilities and equity $523,000 $445.000 $377,500 The company's income statements for the years ended December 31, 2015 and 2014, follow. 2015 2014 $673,500 $532,000 For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income taxes $ 411,225 209,550 12,100 9,525 $345,500 134,980 13,300 8,845 502,625 Total costs and expenses 642,400 Net Income $ 31,100 $ 29,375 Earnings per share $ 1.90 $ 1.80 Evaluate the company's efficiency and profitability by computing the following for 2015 and 2014. (1) Profit margin ratio. Profit Margin Ratio Choose Denominator: Choose Numerator: Profit Margin Ratio Profit margin ratio 2015 2014 Choose Numerator: Total Asset Turnover Total Asset Turnover . Choose Denominator: Average total assets / 1 = Net sales $ $ 2015 2014 673,500 532,000 Total asset turnover 0 times 0 times (3) Return on total assets. Choose Numerator: Return On Total Assets Choose Denominator: Average total assets Net income Return On Total Assets Return on total assets 0 % 2015 2014

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