Calculate the profit margin ratio 2019 and 2018 as a percent
Calculate the rate of return on total assets for 2019 and 2018 as a percent
Calculate the asset turnover ratio for 2019 and 2018 as a percent
Calculate the rate of return on common stockholder’s equity for 2019 and 2018 as a percent
Calculate the earnings per share for 2019 and 2018 as a percent
McKnight, Inc. |
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Comparative Income Statement | |||||
Years Ended December 31, 2019 and 2018 | |||||
Dollars in thousands | 2019 | 2018 | 2017 | ||
Net Sales Revenue | $182,000 | $158,000 | |||
Cost of Goods Sold |
99,000 | 83,500 | |||
Selling and Administrative Expenses | 46,000 | 42,500 | |||
Interest Expense | 7,500 | 9,500 | |||
Income Tax Expense | 12,500 | 11,000 | |||
Net Income | $17,000 | $11,500 | |||
Additional data: | |||||
Total Assets |
$204,000 | $189,000 | $165,000 | ||
Common Stockholders' Equity |
91,500 | 88,000 | 76,500 | ||
Preferred Dividends | 2,500 | 2,500 | 0 | ||
Common Shares Outstanding During the Year | 25,000 | 25,000 | 15,000 |
2019 | 2018 | |
Net Income (a) | $17,000 | $11,500 |
Net sales revenue (b) | $182,000 | $158,000 |
Profit Margin (a/b*100) | 9% | 7% |
Net Income (a) | $17,000 | $11,500 |
Average total assets [($204,000 + $189,000)/2]; [($189,000 + $165,000)/2] (b) | $196,500 | $177,000 |
Rate of return on total assets (a/b*100) | 9% | 6% |
Net sales revenue (a) | $182,000 | $158,000 |
Average total assets [($204,000 + $189,000)/2]; [($189,000 + $165,000)/2] (b) | $196,500 | $177,000 |
Asset turnover ratio (a/b*100) | 93% | 89% |
Net Income (a) | $17,000 | $11,500 |
Average common stockholders' Equity [($91,500 + $88,000)/2]; [($88,000 + $76,500)/2] (b) | $89,750 | $82,250 |
Rate of return on common stockholders' Equity (a/b*100) | 19% | 14% |
Net Income | $17,000 | $11,500 |
Less: Preferred dividends | ($2,500) | ($2,500) |
Earnings available to the common stockholders (a) | $14,500 | $9,000 |
Average Common shares outstanding (b) [(25,000 + 25,000)/2]; [(25,000 + 15,000)/2] | 25,000 | 20,000 |
Earnings per share (a/b) | $0.58 | $0.45 |
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