Marsh co. had beginning inventory of $10,000 and ending inventory of $13,000. cost of goods sold for the period was $65,000. days' sales in inventory is 73 days.
Divided by the average of a company's total assets, the return on assets (ROA) is determined. As a result, a percentage is used to express it. A company's assets are shown on its balance sheet, while net profit is located at the bottom of the income statement.
Ratio of price to earnings. The market price per common share is divided by earnings per share to calculate the price-earnings ratio. A business reports $18,000 in net profits before interest costs and taxes.
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