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.
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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
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27%
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