Calculate the net profit margin and total asset turnover

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Greenfern Corporation recently filed the following financial statements with the SEC. Greenfern Corporation Income Statement for the Fiscal Year Ended July 31, 2014 Net sales $86,418 Cost of products sold 61,469 Gross profit $24,949 Selling, general, and administrative expenses 11,013 Depreciation 1,251 Operating income (loss) $12,685 Interest expense 766 Earnings (loss) before income taxes $11,919 Income taxes 4,172 Net earnings (loss) $7,747 Greenfern Corporation Balance Sheet as of July 31, 2014 Assets Liabilities and Stockholders’ Equity Cash and marketable securities $12,765 Accounts payable $8,931 Accounts receivable 9,256 Accrued and other liabilities 7,928 Inventory 10,500 Taxes payable 6,749 Deferred income taxes 1,036 Debt due within one year 15,089 Prepaid expenses & other receivables 3,308 Total current liabilities $38,697 Total current assets $36,865 Property, plant, and equipment, at cost 73,711 Long-term debt 28,650 Less: Accumulated depreciation 26,191 Deferred income taxes 8,146 Net property, plant, and equipment $47,520 Other non-current liabilities 6,617 Net goodwill and other intangible assets 19,200 Total liabilities $82,110 Common stock 4,327 Retained earnings 17,148 Total stockholders’ equity 21,475 Total assets $103,585 Total liabilities and stockholders’ equity $103,585 Use the DuPont identity to calculate the return on equity (ROE). In the process, calculate the following ratios: net profit margin, total asset turnover, equity multiplier, EBIT return on assets (EROA), and return on assets. (Do not round intermediate calculations. Round answers to 2 decimal places, e.g. 52.75 or 52.75%.) Net profit margin % Total asset turnover Equity multiplier EBIT return on assets % Return on assets % Return on equity %

Reference no: EM131453927

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