Exercise 12-11 Name:
Enter the appropriate numbers/formulas in the shaded (gray) cells, or select from the drop-down list.
An asterisk (*) will appear in the column to the right of an incorrect answer.
Profit margin: Asset turnover:
Net income 524$ Sales 15,134$
Profit margin: Asset turnover:
Net income 982$ Sales 20,143$
Instructor
Virtual Video’s ROA (amounts in thousands)
Games Galore’s ROA (amounts in thousands)
Games Galore has
higher profit margin and lower turnover.
lower profit margin and higher turnover.