Using the information below calculate the ROC of the company Years       Revenue ($M)          Net Income ($M) 2012           221.8                           2.9 2013            473.8                         20.2 2014            627.7                         36.4 2015            947.8                         45.0 2016           1,015.5                      50.3 2017           1,046.2                      64.9 2018           1,293.2                      90.4   Years      Total Assets ($M) Fixed Assets ($M) Current Assets ($M) Total Equity ($M)                       Retained Earnings ($M) 2012 430 286 144 293 12.8 2013 956 501 455 558 33.0 2014 922 668 324 620 69.4 2015 1103 796 307 665 114.4 2016 1120 835 285 729 164.7 2017 1294 738 556 805 229.6 2018 2053 703 1350 934 320

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 3MC: Prince Corporations accounts provided the following information at December 31, 2019: What should be...
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Using the information below calculate the ROC of the company

Years       Revenue ($M)          Net Income ($M)

2012           221.8                           2.9

2013            473.8                         20.2

2014            627.7                         36.4

2015            947.8                         45.0

2016           1,015.5                      50.3

2017           1,046.2                      64.9

2018           1,293.2                      90.4

 

Years     

Total Assets ($M)

Fixed Assets ($M)

Current Assets ($M)

Total Equity ($M)                      

Retained Earnings ($M)

2012

430

286

144

293

12.8

2013

956

501

455

558

33.0

2014

922

668

324

620

69.4

2015

1103

796

307

665

114.4

2016

1120

835

285

729

164.7

2017

1294

738

556

805

229.6

2018

2053

703

1350

934

320

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