Business, 21.09.2021 08:40 PrisonKing9334

Triptych Food Corp. Income Statement For the Year Ending on December 31 (Millions of dollars) Year 2 Year 1 Net Sales 1,905 1,500 Operating costs except depreciation and amortization 1,855 1,723 Depreciation and amortization 95 60 Total Operating Costs 1,950 1,783 Operating Income (or EBIT) -45 -283 Less: Interest -6 -23 Earnings before taxes (EBT) -39 -260 Less: Taxes (25%) -10 -65 Net Income -29 -195 Calculate the profitability ratios of Triptych Food Corp. in the following table. Convert all calculations to a percentage rounded to two decimal places. Ratio Value Year 2 Year 1 Operating margin -18.87% Profit margin -1.52% Return on total assets -5.53% Return on common equity -10.40% Basic earning power -0.80%

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Triptych Food Corp. Income Statement For the Year Ending on December 31 (Millions of dollars) Year 2...

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