Financial data for squid company

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Reference no: EM131002070

Selected financial data for Squid Company are as follows:

 

2007

 

2006

 

2005

Summary of operations:

 

 

 

 

 

Net sales

$1,002,100

 

$980,500

 

$900,000

Cost  of  products sold

520,500

 

514,762

 

477,000

Selling, administrative, and general expenses

170,200

 

167,665

 

155,700

Nonoperating income

9,192

 

8,860

 

6,500

2007                     2006                   2005

Interest expense

14,620

 

12,100

 

11,250

Earnings before income taxes

287,588

 

277,113

 

249,550

Provision for income taxes

116,473

 

113,616

 

105,560

Net earnings

171,115

 

163,497

 

143,990

Financial information: Working capital

 $190,400

 

 $189,000

 

 $180,000

Average property, plant, and equipment

302,500

 

281,000

 

173,000

Average total assets

839,000

 

770,000

 

765,000

Average long-term debt

120,000

 

112,000

 

101,000

Average stockholders' equity

406,000

 

369,500

 

342,000

Required

a. Compute the following for 2007, 2006, and 2005:

1. Net profit margin

2. Return on assets

3. Total asset turnover

4. DuPont analysis

5. Return on investment

6. Return on total equity

7. Sales to fixed assets

b. Discuss your findings in (a).

Reference no: EM131002070

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