Calculate the operating margin, calculations. Enter your answers as a percent ro Operating margin Return on assets Return on equity 33.08 % % %

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.5.1MBA
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You are given the following information for Smashville, Inc.
Cost of goods sold:
Investment income:
Net sales:
Operating expense:
Interest expense:
Dividends:
Tax rate:
Current liabilities:
Cash:
Long-term debt:
Other assets:
Fixed assets:
Other liabilities:
Investments:
Operating assets:
$154,000
$1,800
$287,000
$38,000
$7,400
$13,000
21%
$20,000
$21,000
$30,000
$42,000
$123,000
$5,000
$38,000
$35,000
Transcribed Image Text:You are given the following information for Smashville, Inc. Cost of goods sold: Investment income: Net sales: Operating expense: Interest expense: Dividends: Tax rate: Current liabilities: Cash: Long-term debt: Other assets: Fixed assets: Other liabilities: Investments: Operating assets: $154,000 $1,800 $287,000 $38,000 $7,400 $13,000 21% $20,000 $21,000 $30,000 $42,000 $123,000 $5,000 $38,000 $35,000
Calculate
the operating margin, r
calculations. Enter your answers as a percent rou
Operating margin
Return on assets
Return on equity
33.08 %
%
%
Transcribed Image Text:Calculate the operating margin, r calculations. Enter your answers as a percent rou Operating margin Return on assets Return on equity 33.08 % % %
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