I have calculated the data, THis has to be in APA
Need this by Fri no later than Sat morning EST 11 AM
| Return on Sales = Net Income Before Interest and Tax / Sales = 468 / 7482 = 0.0625501 = 6.26% |
| Return on Assets (ROA) = Net Income / Total Assets = 468 / 3244 = 0.144266 = 14.43% |
| Return on Equity (ROE) = Net Income / Total Equity = 468 / 1746 = 0.268041 = 26.80% |
I need a 2-3 page report
R&H Plumbing, Incorporated’s income statement shows a net profit before tax of $468 and net sales of $7,482 for 2010. Total assets are at $3,244. The balance sheet lists the company’s equity for fiscal year ending 2010 as $1,746.
Calculate the following ratios for this company:
- Return on sales ratio (net profit margin)
- Return on assets (ROA)
- Return on equity (ROE)
Write a paper of 2-3 pages about the efficiency of R&H Plumbing, Inc.
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