Question

Question 1 Use the information provided to analyze the profitability of SDHS Co using the following ratios: return on assets Sales $ 350,000 Gross profit 206,500 Net income 115,000 Interest expense 2,875 Average total assets 875,000 Average total shareholders' equity 500,000 Weighted-average common shares outstanding 25,000 The return on assets is 1 point 14% 14.5% 13% 13.5% 2. Question 2 Use the information provided to analyze the profitability of SDHS Co using the following ratios: return on equity Sales $ 350,000 Gross profit 206,500 Net income 115,000 Interest expense 2,875 Average total assets 875,000 Average total shareholders' equity 500,000 Weighted-average common shares outstanding 25,000 The return on equity is 1 point 27% 23.0% 21% 35% 3.

Answer 1

Explanation:

Use the information provided to analyze the profitability of SDHS Co using the following ratios: return on assets Sales $ 350,000 Gross profit 206,500 Net income 115,000 Interest expense 2,875 Average total assets 875,000 Average total shareholders' equity 500,000 Weighted-average common shares outstanding 25,000

Answer 2

Answer:

27%

Explanation:

is it the correct answer