Presented here are summarized data from the balance sheets and income statements

Question

Presented here are summarized data from the balance sheets and income statements of Wiper, Inc.:
WIPER, INC.
Condensed Balance Sheets
December 31, 2009, 2008, 2007 ( in millions)
2009 2008 2007
Current assets . . . . . . . . . . . . . . . . . .. . $ 677 $ 891 $ 736
Other assets . . . . . . . . . . . . . . . . . . . . . 2,413 1,920 1,719
$ 3,090 $ 2,811 $ 2,455
Current liabilities . . . . . . . . . . . . . . . . . . $ 562 $ 803 $ 710
Long- term liabilities . . . . . . . . . . . . . . . 1,521 982 827
Owners

Explanation / Answer

Sorry to say but you can not ask so many sub-questions in one single question. Its against the policy of cramster. and thats why people would not solve your question as it will require so much effort for only 350 points. I have solved first part of the question. Please rate this and ask other parts as different questions. :) hope this helps. a) ROI = Margin * Turnover (Net income / Total asset ) = (Net income / sales ) * (Sales / Average Total Assets ) 2009 ROI = [$ 192/ $3050] *[$3050 *(($2811+$3090)/2)] = 6.3 % margin * 1.034 Turnover = 6.5 % ROI 2008 ROI= ($187 / $ 2913) * [$2913 * (($2455 + $2811)/2)] = 6.4 % margin * 1.106 turnover = 7.1 % ROI

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