会计财务报表分析第08章答案新版.docVIP

Chapter 8 Profitability PROBLEMS PROBLEM 8-1 Net Profit Margin 2004 2003 5.00% 4.00% Return on Assets 2004 2003 22.83% 20.00% Total Asset Turnover 2004 2003 4.57 times 5.00 times per year per year Return on Common Equity 2004 2003 30.88% 25.00% Ahl Enterprise has had a substantial rise in profit to sales. This is somewhat tempered by a reduction in asset turnover. Given a slight rise in common equity, there is a substantial rise in return on common equity. PROBLEM 8-2 Vent Molded Plastics Vent Molded Plastics Sales Sales returns Cost of goods sold Selling expense Genera