Evaluate the company profitability by computing


Current assets: end of year: 8.2 billion, beginning of year: 7.3 billion.current liabilities: end of year: 8.4 billion, beginning of year: 6.8 billion stockholders' equity: end of year: 4.6 billion, beginning of year: 4.5 billion company's income statement reported total annual revenue of 45 billion and net income for the year of 1 billion.

a) evaluate the company's profitability by computing its net income percentage and its return on equity for the year

b) evaluate the company's liquidity by computing its working capital and its current ratio at the beginning of the year and at the end of the year

c) does the company appear to be both profitable and liquid?

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Accounting Basics: Evaluate the company profitability by computing
Reference No:- TGS0711093

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