Average accounting performance

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Reference no: EM131251067

Using the information provided, calculate this firm's ROA, ROE, gross profit margin, and quick ratio. If this firm's WACC is 6.6% and the average firm in its industry has an ROA of 8%, is this firm earning above or below normal economic performance and above or below average accounting performance?

Net sales 6,134

Cost of goods sold (4,438)

Selling, general admin expenses (996)

Other current assets 0

Total current assets 3,927

Gross properties, plant, and equipment 729

Retained earnings 0

Common stock 3,104

Other liabilities 0

Total Liabilities and equity 5,161

Operating Cash 3,226

Accounts receivable 681

Inventories 20

Long-term debt 300

Deferred Income taxes 208

Preferred stock 0

Provision for taxes (75)

Other income 245

Net income 554

Net other operating assets 916

Total assets 5,161

Net current liabilities 1,549

Other expenses (341)

Interest Income 72

Interest Expense (47)

Accumulated depreciation (411)

Book value of fixed assets 318

Goodwill 0

Reference no: EM131251067

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