31 . The financial statement summarizing a firm ' s accounting performance over a period of time is the : ========================================================= FIN 571 Week 2 DQ 1
Galaxy United , Inc . 2008 and 2009 Balance Sheets ($ in millions )
What is the return on equity for 2009 ?
24 . P lease use excel sheet in case the values changes If Wilkinson , Inc ., has an equity multiplier of 1.57 , total asset turnover of 1.7 , and a profit margin of 6.7 percent , what is its ROE ? ( Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places , e . g ., 32.16 .)
25 . The financial ratio measured as net income divided by sales is known as the firm ' s :
26 . The financial ratio that measures the accounting profit per dollar of book equity is referred to as the :
27 . Puffy ' s Pastries generates five cents of net income for every $ 1 in equity . Thus , Puffy ' s has _______ of 5 percent .
28 . If stockholders want to know how much profit the firm is making on their entire investment in that firm , the stockholders should refer to the : .
29 . The most effective method of directly evaluating the financial performance of a firm is to compare the financial ratios of the firm to :
30 . Which one of these equations is an accurate expression of the balance sheet ?
31 . The financial statement summarizing a firm ' s accounting performance over a period of time is the : ========================================================= FIN 571 Week 2 DQ 1
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