Question

14) Assume the following data for Cable Corporation and Multi-Media Inc.    Cable
CorporationMulti-Media Inc.  Net income$39,900 $112,000   Sales 310,000  2,550,000   Total assets 480,000  937,000   Total debt 187,000  538,000   Stockholders’ equity 293,000  399,000    a-1.Compute return on stockholders’ equity for both firms. (Input your answers as a percent rounded to 2 decimal places.)    Return on
Stockholders’ Equity  Cable Corporation %    Multi-Media, Inc. %     a-2.Which firm has the higher return?   Multi-Media Inc.Cable Corporation   b.  Compute the following additional ratios for both firms. (Input your Net income/Sales, Net income/Total assets and Debt/Total asset answers as a percent rounded to 2 decimal places. Round your Sales/Total assets answers to 2 decimal places.)    Cable CorporationMulti-Media Inc.  Net income/Sales %      %       Net income/Total assets %      %       Sales/Total assets  times times  Debt/Total assets %      %     

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