Solution-Compute the debts to equity ratio and return on

Compute the debts to equity ratio and return on equity

Reference no: EM132717108

Question - Profitability Ratios - The following amounts are from Shimura Company's financial statement at the end of the current year total assets 426,000 total liabilities $172,000 owner's equity $254,000 net sale $782,000 cost of goods sold 486000 operating expense 178,000 and withdrawals 40,000 during the current year total assets increased by $75,000 total equity was affected only by the net income and withdraws.

Compute

1. Profit margin

2. Assets turnover

3. Return on assets

4. Debts to equity ratio

5. Return on equity.

Reference no: EM132717108

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Compute the debts to equity ratio and return on equity

Reference no: EM132717108

Reference no: EM132717108

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