Calculate ladanions return on assets and return on equity


1. Perform a vertical analysis on the following information.(Round your answers to 1 decimal place.)

2. Perform a horizontal analysis providing both the amount and percentage change. (Round Percentage answers to 1 decimal place. Decreases should be indicated by a minus sign.)

3. Peyton's Palace has net income of $14.7 million on sales revenue of $127 million. Total assets were $93 million at the beginning of the year and $101 million at the end of the year.
Calculate Peyton's return on assets, profit margin, and asset turnover ratios. (Round ratios to 1 decimal place. Enter your answer in millions rounded to 1 decimal place. (i.e., $5,500,000 should be entered as 5.5).)

4. LaDanion's Limos reports net income of $125,000, average total assets of $650,000, and average total liabilities of $290,000.

Calculate LaDanion's return on assets and return on equity ratios. (Round your final answers to 1 decimal place.)

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Accounting Basics: Calculate ladanions return on assets and return on equity
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