Question - Happy's Golf Corporation recently reported the following December 31 amounts in its financial statement (in thousands):
|
|
Price Year
|
Current Year
|
|
Income from Operations
|
$1,700
|
$1,400
|
|
Net Income
|
850
|
700
|
|
Total Assets
|
10,000
|
9,000
|
|
Total Stockholders' Equity
|
8,000
|
7,500
|
|
Total Revenue
|
9,000
|
7,000
|
Required -
Compute the net profit margins for the current and prior years. What do these analyses indicate?
Compute the debt-to-assets ratio for the current and prior years. What do these analyses indicate?