what do these results say about the company

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter24: Analysis Of Financial Statements
Section: Chapter Questions
Problem 5CE
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please help. what do these results say about the company 

Return on assets: Net Income / Total Assets
1,152,000 / 203,311,000 = 1%
o [Write the result of the calculation and what it says about the
01/01/22
company's health.]
Return on equity: Net income-preferred dividends / Shareholders equity
1,152,000 / 94,310,000 = 1%
o [Write the result of the calculation and what it says about the
company's health.]
Transcribed Image Text:Return on assets: Net Income / Total Assets 1,152,000 / 203,311,000 = 1% o [Write the result of the calculation and what it says about the 01/01/22 company's health.] Return on equity: Net income-preferred dividends / Shareholders equity 1,152,000 / 94,310,000 = 1% o [Write the result of the calculation and what it says about the company's health.]
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