13.Information is provided below for two companies: (in thousands)ClemensSamuel Sales$36,000$70,000 Net income1,8002,100 Total assets12,00020,000 Required: a.Compute asset turnover,...





13.Information is provided below for two companies:





(in thousands)ClemensSamuel



Sales$36,000$70,000



Net income1,8002,100



Total assets12,00020,000





Required:



a.Compute asset turnover, profit margin, and return on assets for each company.



b.Compare the companies' performance.









14.Information is provided below for two companies:





(in thousands)AhuraKirk



Sales$18,000$18,000



Net income1,080630



Total stockholders' equity7,2004,850



Total assets13,5007,000





Required:



a.Compute asset turnover, profit margin, return on assets, and return on equity for each company.



b.Compare the companies' performances.













May 15, 2022
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