REQUIREMENTS: 1. Compute trend percentages for each item for 2013 through 2016.
ID: 2520299 • Letter: R
Question
REQUIREMENTS:
1.
Compute trend percentages for each item for 2013 through 2016.
Use 2012 as the base year and round to the nearest percent.
2012 NET SALES 100%
2012 NET INCOME 100%
2012 NET ASSETT 100%
2.
Compute the rate of return on net sales for
2014 through 2016 Explain what this means.
3.
Compute asset turnover for 2014 through 2016.
Explain what this means.
4.
Use DuPont Analysis to compute rate of return on average total assets? (ROA) for 2014 through 2016.
5.
How does Aircraft Shipping's return on net sales for 2016
compare with previous? years? How does it compare with that of the? industry? In the shipping? industry, rates above? 9% are considered? good, and rates above? 11% are outstanding.
6.
Evaluate Aircraft Shipping, Inc.'s ROA for 2016?,
compared with previous years and against an? 18% benchmark for the industry.
DATA TABLE
(IN THOUSANDS)
2016
2015
2014
2013
2012
NET SALES
475
502
498
308
296
NET INCOME
19
33
28
41
13
NET ASSETS
314
274
258
232
207
1.
Compute trend percentages for each item for 2013 through 2016.
Use 2012 as the base year and round to the nearest percent.
2012 NET SALES 100%
2012 NET INCOME 100%
2012 NET ASSETT 100%
2.
Compute the rate of return on net sales for
2014 through 2016 Explain what this means.
3.
Compute asset turnover for 2014 through 2016.
Explain what this means.
4.
Use DuPont Analysis to compute rate of return on average total assets? (ROA) for 2014 through 2016.
5.
How does Aircraft Shipping's return on net sales for 2016
compare with previous? years? How does it compare with that of the? industry? In the shipping? industry, rates above? 9% are considered? good, and rates above? 11% are outstanding.
6.
Evaluate Aircraft Shipping, Inc.'s ROA for 2016?,
compared with previous years and against an? 18% benchmark for the industry.
Explanation / Answer
Note:- 4 PArt can be solved as per Chegg Policy.
1.Computation of Net Sales/Net Income /Net Asset % IN THOUSANDS) 2016 2015 2014 2013 2012 NET SALES 475 502 498 308 296 NET INCOME 19 33 28 41 13 NET ASSETS 314 274 258 232 207 Net Sales% 60% 70% 68% 4% 100 Net Income 46% 154% 115% 215% 100% Net Asset % 52% 32% 25% 12% 100%Related Questions
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