Title: The following comparison is presented for Pro Classic, Inc. to the industry averages:IndustryPro ... Post by: KarenSmith on Dec 13, 2016 The following comparison is presented for Pro Classic, Inc. to the industry averages:
Industry Pro Classic, Inc. Averages Return on assets 21.0% 10.2% Profit margin before income taxes 10.0% 6.0% Total asset turnover 3.5 2.6 Profit margin after income tax 6.7% 3.3% Return on equity after income taxes 23.4% 18.4% Return on equity before income taxes 18.3% 10.9% What conclusion can be drawn when comparing Pro Classic's return on equity after income taxes to the industry average? A) Pro Classic's sales are contributing more to earnings than the industry average. B) Pro Classic is earning more on its assets than the industry average. C) Pro Classic is earning more after-tax income on its assets than the industry average. D) Pro Classic is earning more after-tax income on its investment by owners than the industry average. Title: Re: The following comparison is presented for Pro Classic, Inc. to the industry averages:IndustryPro ... Post by: mourningbird on Dec 15, 2016 Content hidden
Title: Re: The following comparison is presented for Pro Classic, Inc. to the industry averages:IndustryPro ... Post by: KarenSmith on Jan 25, 2017 Many thanks
Title: Re: The following comparison is presented for Pro Classic, Inc. to the industry averages:IndustryPro ... Post by: mourningbird on Feb 16, 2017 :)
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