Selected comparative statement data for Willingham Products Company are presented below. All balance sheet data are as of December 31.
Instructions
Compute the following ratios for 2011:
(a) Profit margin.
(b) Asset turnover.
(c) Return on assets.
(d) Return on common stockholders' equity.

Question

Selected comparative statement data for Willingham Products Company are presented below. All balance sheet data are as of December 31.  
Instructions
Compute the following ratios for 2011:
(a) Profit margin.
(b) Asset turnover.
(c) Return on assets.
(d) Return on common stockholders' equity.

Quizplus · Accepted Answer

The Answer of Selected comparative statement data for Willingham Products Company are presented below. All balance sheet data are as of December 31.  
Instructions
Compute the following ratios for 2011:
(a) Profit margin.
(b) Asset turnover.
(c) Return on assets.
(d) Return on common stockholders' equity.

Selected Comparative Statement Data for Willingham Products Company Are Presented