The records of Washington Company showed the following:
*10,000 shares outstanding at 1/1 and at 12/31;current market price,$30
**Including income tax;income tax rate is 30%
Calculate each of the following ratios:
A.Return on assets
B.Return on equity
C.Net profit margin
D.Earnings per share

Question

The records of Washington Company showed the following:
  *10,000 shares outstanding at 1/1 and at 12/31;current market price,$30
**Including income tax;income tax rate is 30%
Calculate each of the following ratios:
A.Return on assets
B.Return on equity
C.Net profit margin
D.Earnings per share

Quizplus · Accepted Answer

The Answer of The records of Washington Company showed the following:
  *10,000 shares outstanding at 1/1 and at 12/31;current market price,$30
**Including income tax;income tax rate is 30%
Calculate each of the following ratios:
A.Return on assets
B.Return on equity
C.Net profit margin
D.Earnings per share

The Records of Washington Company Showed the Following