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From top left, reading from left to right. Here is the options for the drop down

ID: 2821135 • Letter: F

Question

From top left, reading from left to right. Here is the options for the drop down menu 1.[64.29, 51.43, 34.29, 42.86] 2. [57.14, 40.00, 74.28, 34.28] 3. [16.67, 14.29, 23.81, 30.95] 4. [26.4, 24.0, 38.4, 28.8] 5. [20, 43.33, 23.33, 33.33] 6. [45.71, 34.28, 31.43, 28.57] 7. [85.72, 107.15, 57.14, 71.43] 8. [75, 52.5, 45, 97.5]

3. Profitability ratios Aa Aa Profitability ratios help assess a firm's ability to generate earnings as compared to the expenses and other costs incurred to support its earnings Assume that you have the following data for Companies A, B, and C in the same industry: Data Collected (in millions of dollars) Company A $14 Company B $21 Company C $25 12 Sales Operating costs Net income after taxes Total assets Stockholders' equity 16 21 Based on the information given, calculate the profitability ratios for these companies in the following table. Convert all calculations to a percentage and enter the values rounded to two decimals Ratio Value Company A Company B Company C Gross profit margin Net profit margin Return on investment (total assets) Return on stockholders' equity 52.00% 21.43% 31.25% 60.00% Based on your understanding of profitability ratios, which firm's management has a better pricing strategy and better control over production costs? Company B O Company A O Company C

Explanation / Answer

Company A Company B Company C i Sales 14 21 25 ii Operating cost 8 9 12 iii Net income after taxes 3 5 6 iv Total assets 9 16 21 v Stockholder's equity 5 7 8 Ratio Company A Company B Company C =(i-ii)/i Gross profit margin 42.86% 57.14% 52.00% =iii/i Net profit margin 21.43% 23.81% 24.00% =iii/iv Return on investment 33.33% 31.25% 28.57% =iii/v Return on stockholder's equity 60.00% 71.43% 75.00% Answer : Company B has better pricing strategy and better control over production cost as it has higher gross profit.