Excerpts from Dowling Company's December 31, 2016, and 2015, financial statements and key ratios are presented below (all dollar values are in millions): 2016 2015 Accounts receivable (net) $34 $13 Net sales $200 $80 Cost of goods sold $110 $95 Net income $34 $20 Inventory turnover 5.50 Return on assets 11.7% 2.50 Equity multiple Dowling's return on equity for 2016 is: A. 27% B. 29% C. 17% D. 8%

The following data pertain to cowl, inc. for the year ended December 31,2017

Using the financial statements and using these ratios from the picture, discuss the performance of Cobham PLC in 2016.

Use the following tables to answer the question:   LOGIC COMPANY Income Statement For years ended December 31, 2016 and 2017 (values in $) 2016 2017 Gross sales 19,800 15,600 Sales returns and allowances 900 100 Net sales 18,900 15,500 COGS 11,800 8,800 Gross profit 7,100 6,700 Depreciation 780 640 Selling and administrative expenses 2,800 2,400 Research 630 540 Miscellaneous 440 340 Total operating expenses 4,650 3,920 Income before interest and taxes 2,450 2,780 Interest expense 640 540 Income before taxes 1,810 2,240 Provision for taxes 724 896 LOGIC COMPANY Balance Sheet For years ended December 31, 2016 and 2017 (values in $) 2016 2017 Current assets 12,300 9,400 Accounts receivable 16,900 12,900 Merchandise inventory 8,900 14,400 Prepaid expenses 24,400 10,400 Total current assets 62,500 47,100 Building (net) 14,900 11,400 Land 13,900 9,400 Total plant and equipment 28,800 20,800 Total assets 91,300 67,900 Accounts payable 13,400 7,400 Salaries payable 7,500 5,400 Total current…

General Accounting

How to calculate Net Operating Asset from this balance sheet for fiscal year-end 2015 .

Computing Asset Ratios The following information relates to Nicke Inc. Total Fixed Total Net $ millions Assets Assets Revenue Income Fiscal Year 2016 $10,560 $64,188 $97,128 $11,280 Fiscal Year 2015 28,002 200,852 91,803 9,819 Fiscal Year 2014 8,502 55,782 Nicke's fiscal years 2016, 2015, and 2014, end on May 31, 2016, 2015, and 2014, respectively. Required a. Compute the asset turnover ratio for fiscal years 2016 and 2015. b. Compute the return on assets ratio for fiscal years 2016 and 2015. c. Compute the fixed asset turnover ratio for fiscal years 2016 and 2015. Note: Do not round until your final answers. Round final answers to two decimal places. Ratio 2016 2015 a. Asset turnover 0.73 v 0.72 v b. Return on assets 8.53 x 7.65 x c. Fixed asset turnover 5.04 v 5.03 v

Compute for Gross Margin Ratio, Profit Margin Ratio, Return on Asset Ratio  in 2015 and 2016

Compute for Accounts Receivable Turnover Ratio, Asset Turnover Ratio, Inventory Turnover Ratio in 2015 and 2016

Performing horizontal analysis Verifine Corp reported the following on its comparative income statementPrepare a horizontal analysis of revenues and gross profit-both in dollar amounts and in percentages-for 2019 and 2018.