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Margins 2013 2012 2011 2009 2007 Gross profit margin Operating Profit Margin Net

ID: 2613146 • Letter: M

Question

Margins

2013

2012

2011

2009

2007

Gross profit margin

Operating Profit Margin

Net profit margin

*Gross profit margin = (sales- COGS)/sales

*Operating profit margin= Income from operations/sales

*Net profit margin= Net profit/ sales revenue

Liquidity Ratio

2013

2012

2011

2009

2007

Current Ratio

Working Capital

*Current Ratio= Current asset/ Current liability

Working Capital= Current assets- Current liability

Leverage Ratio

2013

2012

2011

2009

2007

Total debt-to-asset Ratio

Long-term debt-to-capital ratio

Debt-to-equity ratio

Long-term debt-to equity ratio

*Total debt-to-assets ratio= total debt/total assets

*Long-term debt-to capital ratio= long-term debt/ (long-term debt+ total stockholders’ equity)

*Debt-to-equity ratio= total debt/ total stockholders’ equity

*Long-term debt-to-equity ratio= long-term debt/total stockholders’ equity

Returns and other financial ratio

2013

2012

2011

2009

2007

Total return on assets

ROA

ROE

Asset Turnover

*Total return on assets= (Profits after taxes+ Interest)/Total Assets

*ROA= Profits after taxes/ total assets

*ROE= Profits after taxes/ Total stockholders’ equity

*Asset Turnover= net sales/average total assets

2013

2012

2011

2009

2007

Gross profit margin

Operating Profit Margin

Net profit margin

Explanation / Answer

Margins 2013 2012 2011 2009 2007 Gross profit margin 26.60% 27.10% 26.00% 24.90% 22.40% Operating Profit Margin 16.57% 16.69% 15.45% 13.42% 9.96% Net profit margin 10.19% 10.18% 9.47% 8.35% 6.50% *Gross profit margin = (sales- COGS)/sales *Operating profit margin= Income from operations/sales *Net profit margin= Net profit/ sales revenue Liquidity Ratio 2013 2012 2011 2009 2007 Current Ratio 3.34 2.93 3.18 2.91 2.75 Working Capital 467,079.00 359,755.00 343,739.00 195,301.00 128,543.00 *Current Ratio= Current asset/ Current liability Working Capital= Current assets- Current liability Leverage Ratio 2013 2012 2011 2009 2007 Total debt-to-asset Ratio 0.23 0.25 0.27 0.27 0.22 Long-term debt-to-capital ratio 0.23 0.25 0.27 0.27 0.22 Debt-to-equity ratio 0.31 0.34 0.36 0.37 0.28 Long-term debt-to equity ratio 0.31 0.34 0.36 0.37 0.28 *Total debt-to-assets ratio= total debt/total assets *Long-term debt-to capital ratio= long-term debt/ (long-term debt+ total stockholders’ equity) *Debt-to-equity ratio= total debt/ total stockholders’ equity *Long-term debt-to-equity ratio= long-term debt/total stockholders’ equity Returns and other financial ratio 2013 2012 2011 2009 2007 Total return on assets 16.38% 16.77% 15.02% 13.25% 10.58% ROA 16.30% 16.66% 15.08% 13.19% 9.77% ROE 21.29% 22.31% 20.58% 18.03% 12.55% *Total return on assets= (Profits after taxes+ Interest)/Total Assets *ROA= Profits after taxes/ total assets *ROE= Profits after taxes/ Total stockholders’ equity