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Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
النسخة 16الرقم المعياري الدولي: 978-0077862381Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
النسخة 16الرقم المعياري الدولي: 978-0077862381 تمرين 63
A recent annual report issued by hhgregg revealed the following data:
The company's income statement reported total annual revenue of $2,077.7 million and net income for the year of $48.2 million.
Instructions
a.valuate hhgregg 's profitability by computing its net income percentage and its return on equity for the year.
b.valuate hhgregg 's liquidity by computing its working capital and its current ratio at the beginning of the year and at the end of the year.
c.oes hhgregg appear to be both profitable and liquid Explain.
The company's income statement reported total annual revenue of $2,077.7 million and net income for the year of $48.2 million.
Instructions
a.valuate hhgregg 's profitability by computing its net income percentage and its return on equity for the year.
b.valuate hhgregg 's liquidity by computing its working capital and its current ratio at the beginning of the year and at the end of the year.
c.oes hhgregg appear to be both profitable and liquid Explain.
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موثّق
Income statement is the statement which ...
Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
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