Compute the following ratios for both years (2019 and 2018),
using total net income and assets. Use ending balance sheet
figures.
net profit margin
return on total assets (use year-end total assets)
2019
2018
Net sales
$65,000
$61,000
Equity income (dividends: $65,$62)
320
365
Total
$65,320
$61,365
Total expenses, including taxes
63,800
59,700
Net income
$ 1,520
$ 1,665
Total assets
$32,200
$30,600
Investment (using equity method)
3,800
2,800