calculate the return on assets calculate the return on equity ca.pdf
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The document outlines financial calculations including return on assets, return on equity, and net profit margin using an example corporation's income statement for the year ended December 31, 2018. It provides figures for sales, cost of goods sold, gross profit, operating expenses, and net income. The information is relevant for understanding the corporation's financial performance.
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calculate the return on assets calculate the return on equity ca.pdf
- 1. calculate the return on assets calculate the return on equity calculate ghe net profit margin Example Corporation Income Statement For the year ended December 31, 2018 Sales (all on credit) Cost of goods sold Gross profit $500,000380,000120,000 Operating expenses Selling expenses Administrative expenses Total operating expenses Operating income Interest expense Income before taxes Income tax expense 28,000 Net income after taxes $23,000 BALANCE SHEET