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ht ences Net sales Net income Average shareholders' equity Average total assets Required: 1. Compute ROA for the current and prior years. 2. Would security analysts more likely increase or decrease their estimates of share value on the basis of this change? Required 1 Required 2 Complete this question by entering your answers in the tabs below. Compute ROA for the current and prior years. Note: Round your answers to 3 decimal places. Current Year Prior Year ROA Current Year $ 1,139,248 5,966 (307,335) 653,309 Net sales Net income Average shareholders' equity Average total assets Prior Year $ 1,187,871 3,544 (205,984) 589,897 Current Year $ 1,139,248 5,966 (307,335) 653,309 Increase Decrease Prior Year $ 1,187,871 3,544 (205,984) 589,897 Required: 1. Compute ROA for the current and prior years. 2. Would security analysts more likely increase or decrease their estimates of share value on the basis of this change? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Would security analysts more likely increase or decrease their estimates of share value on the basis of this change?

ht ences Net sales Net income Average shareholders' equity Average total assets Required: 1. Compute ROA for the current and prior years. 2. Would security analysts more likely increase or decrease their estimates of share value on the basis of this change? Required 1 Required 2 Complete this question by entering your answers in the tabs below. Compute ROA for the current and prior years. Note: Round your answers to 3 decimal places. Current Year Prior Year ROA Current Year $ 1,139,248 5,966 (307,335) 653,309 Net sales Net income Average shareholders' equity Average total assets Prior Year $ 1,187,871 3,544 (205,984) 589,897 Current Year $ 1,139,248 5,966 (307,335) 653,309 Increase Decrease Prior Year $ 1,187,871 3,544 (205,984) 589,897 Required: 1. Compute ROA for the current and prior years. 2. Would security analysts more likely increase or decrease their estimates of share value on the basis of this change? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Would security analysts more likely increase or decrease their estimates of share value on the basis of this change?

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 63P: Mike Sanders is considering the purchase of Kepler Company, a firm specializing in the manufacture...
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ht ences Net sales Net income Average shareholders' equity Average total assets Required: 1. Compute ROA for the current and prior years. 2. Would security analysts more likely increase or decrease their estimates of share value on the basis of this change? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute ROA for the current and prior years. Note: Round your answers to 3 decimal places. Current Year Prior Year ROA Net sales Net income Average shareholders' equity Average total assets Current Year Prior Year $ 1,139,248 5,966 (307,335) 653,309 $ 1,187,871 3,544 (205,984) 589,897 Required 1 Current Year $ 1,139,248 5,966 (307,335) 653,309 Required: 1. Compute ROA for the current and prior years. 2. Would security analysts more likely increase or decrease their estimates of share value on the basis of this change? Required 2 Increase Decrease Prior Year $1,187,871 Complete this question by entering your answers in the tabs below. 3,544 (205,984) 589,897 Would security analysts more likely increase or decrease their estimates of share value on the basis of this change?
Transcribed Image Text:ht ences Net sales Net income Average shareholders' equity Average total assets Required: 1. Compute ROA for the current and prior years. 2. Would security analysts more likely increase or decrease their estimates of share value on the basis of this change? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute ROA for the current and prior years. Note: Round your answers to 3 decimal places. Current Year Prior Year ROA Net sales Net income Average shareholders' equity Average total assets Current Year Prior Year $ 1,139,248 5,966 (307,335) 653,309 $ 1,187,871 3,544 (205,984) 589,897 Required 1 Current Year $ 1,139,248 5,966 (307,335) 653,309 Required: 1. Compute ROA for the current and prior years. 2. Would security analysts more likely increase or decrease their estimates of share value on the basis of this change? Required 2 Increase Decrease Prior Year $1,187,871 Complete this question by entering your answers in the tabs below. 3,544 (205,984) 589,897 Would security analysts more likely increase or decrease their estimates of share value on the basis of this change?
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