allgreens expects its sales to reach 33000 with


Allgreens expects its sales to reach $ 33,000 with an investment in total assets of $ 10,750. Net income of $ 1,225 is antici-pated. This year, sales were $ 30,000, total assets were $ 9,900, and net income was $ 1,000. Last year, these figures were $ 28,000, $ 9,000, and $ 750 respectively. a. Use the Du Pont system to compare Allgreens' anticipated performance against its prior year results. Comment on your findings. b. How would Allgreens compare with the industry if it oper-ates in the same industry as Dayco and if the industry average ratios remain the same over time?

Request for Solution File

Ask an Expert for Answer!!
Corporate Finance: allgreens expects its sales to reach 33000 with
Reference No:- TGS0473043

Expected delivery within 24 Hours