Allgreens expects its sales to reach 33000 with an

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Allgreens expects its sales to reach $ 33,000 with an investment in total assets of $ 10,750. Net income of $ 1,225 is antici-pated. This year, sales were $ 30,000, total assets were $ 9,900, and net income was $ 1,000. Last year, these figures were $ 28,000, $ 9,000, and $ 750 respectively. a. Use the Du Pont system to compare Allgreens' anticipated performance against its prior year results. Comment on your findings. b. How would Allgreens compare with the industry if it oper-ates in the same industry as Dayco and if the industry average ratios remain the same over time?

Reference no: EM13363789

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