Use the following information about Sanibel Corporation to calculate the following ratios for 2011 (assume an effective tax rate of 35%):
a. Return on Assets
b. Profit margin for ROA
c. Assets Turnover
d. Return on Common Shareholders’ Equity
e. Profit Margin for ROCE
f. Accounts Receivable Turnover
g. Inventory Turnover
h. Fixed Asset Turnover

Question

Use the following information about Sanibel Corporation to calculate the following ratios for 2011 (assume an effective tax rate of 35%):
a.	Return on Assets
b.	Profit margin for ROA
c.	Assets Turnover
d.	Return on Common Shareholders’ Equity
e.	Profit Margin for ROCE
f.	Accounts Receivable Turnover
g.	Inventory Turnover
h.	Fixed Asset Turnover

Quizplus · Accepted Answer

The Answer of Use the following information about Sanibel Corporation to calculate the following ratios for 2011 (assume an effective tax rate of 35%):
a.	Return on Assets
b.	Profit margin for ROA
c.	Assets Turnover
d.	Return on Common Shareholders’ Equity
e.	Profit Margin for ROCE
f.	Accounts Receivable Turnover
g.	Inventory Turnover
h.	Fixed Asset Turnover

Use the Following Information About Sanibel Corporation to Calculate the Following