Shown below are selected data from the financial statements


Shown below are selected data from the financial statements of Supreme Co. Dollar amounts are in millions (except for the per share data). Income statement data: Net sales $ 1,050 Cost of goods sold 475 Operating expenses 395 Net income 300 Balance sheet data: Average total equity 1,500 Average total assets 3,100 Supreme reported earnings per share for the year of $5 and paid cash dividends of $2 per share. At year-end, the Wall Street Journal listed Supreme's capital stock as trading at $79 per share.

Supreme's gross profit rate was:

What was Supreme's operating income? (in millions):

Supreme's return on assets was:

Supreme's return on equity was:

Supreme's price-earnings ratio at year end was:

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Financial Accounting: Shown below are selected data from the financial statements
Reference No:- TGS01595765

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