How to find Total Liabilties, Total Stockholder's Equity?
Net Income $765
Net Sales $36,762
Profit Margin 2.1%
Net Sales $36,762
Average Total Assets ($15,719 + $16,078) divided by 2 = $15,898.5
Asset Turnover 2.3 times
Net Income $765
Average Total Assets (from above) $15,898.5
Return on Assets 4.8%
Total Liabilities ?
Total Stockholders' Equity ?
Debt to Equity Ratio ?
Net Income $765
Average Stockholders' Equity (?+? ) divided by 2 = $?
Return on Equity ?
Can you please help me find Total Liabilities, Total Stockholders' Equity, Debit to Equity Ratio, Average Stockholders' Equity and Return Equity? You don't have to do this problem, but if you can just show me how, that would be very nice. Thanks.
The given information is:
Net Sales $36,762
Beginning total assets $15,719
Ending total assets $16,078
Beginning total liabilities $10,017
Ending total liabilities $10,394
Beginning stockholder’s equity $5,702
Ending stockholders’ equity $5,684