Motorola Credit Corporation's annual report: Net revenue (sales) Net earnings Total assets Total liabilities Total stockholders' equity Total debt to total assets a. Find the total debt to total assets ratio. Note: Round your answer to the nearest hundredth percent. Return on equity (dollars in millions) $ 297 163 b. Find the return on equity ratio. Note: Round your answer to the nearest hundredth percent. Asset turnover 2,175 1,880 295 Profit margin % c. Find the asset turnover ratio. Note: Round your answer to the nearest cent. % % d. Find the profit margin ratio on net sales. Note: Round your answer to the nearest hundredth percent.
Motorola Credit Corporation's annual report: Net revenue (sales) Net earnings Total assets Total liabilities Total stockholders' equity Total debt to total assets a. Find the total debt to total assets ratio. Note: Round your answer to the nearest hundredth percent. Return on equity (dollars in millions) $ 297 163 b. Find the return on equity ratio. Note: Round your answer to the nearest hundredth percent. Asset turnover 2,175 1,880 295 Profit margin % c. Find the asset turnover ratio. Note: Round your answer to the nearest cent. % % d. Find the profit margin ratio on net sales. Note: Round your answer to the nearest hundredth percent.
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 49E
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