This paper concentrates on the primary theme of CONSIDER THE FOLLOWING INFORMATION FOR VULCAN STORES FOR 2005 AND 2006. 2005 2006 TOTAL ASSETS $.. in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 40. For more details and full access to the paper, please refer to the site.
Consider the following information for Vulcan Stores for 2005 and 2006.
Total assets $ 80,000,000 $ 90,000,000
Noninterest – bearing current liabilities 7,000,000 8,000,000
Net Income 6,000,000 8,000,000
Interest Expense 4,000,000 5,000,000
Sales 120,000,000 180,000,000
Tax rate 35% 35%
a. Compute ROI for both years.
b. Break ROI down into profit margin and investment turnover.
c. Comment on the change in financial performance between 2005 and 2006.