Log in

View Full Version : Selected data from the Conner Company are presented below:


asmahan1
Jun 5, 2011, 07:59 AM
Selected data from the Conner Company are presented below:
Total assets
$1,500,000
Average assets
1,700,000
Net income
250,000
Net sales
1,400,000
Average common stockholders' equity
1,000,000
Net cash provided by operating activities
275,000
Shares of common stock outstanding
10,000


Instructions
Calculate the profitability ratios that can be computed from the above information.

Just Looking
Jun 5, 2011, 08:59 AM
Please read the following.

Announcement: (https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html)

We won't do this for you but if you'll post your work we can check it for you and help explain where needed. If you aren't sure what the profit ratios are, Google "profit ratios" and you can find lists and formulas. Thanks.