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Please help me with this problem: 2006 balance sheet shows $860,000 in common stock, and 6.9 million in additional paid in surplus and 2007 balance sheet shows $885,000 and 7.7 million in same two accounts, respectively, then if company paid out $600,000 in cash dividends during 2007, how do I...
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Need help with calculating profitability ratios: if company has sales of 24 million, total assets of 18million and total debt of 7million, if profit margin is 8%, then what is net income, ROA and ROE? I know answers are 1.92 million; 10.67% and 17.45% but I do not know how to get these... View more questions Search
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