The table below is extracted from a company’s financial stat…
The table below is extracted from a company’s financial statements. Based on this information, compute the earnings per share, net profit margin, and asset turnover ratios for the year 2025. Show your work. 12/31/2024 12/31/2025 Total Revenues $30,000 $60,000 Total Expenses $20,000 $30,000 Total Assets $100,000 $100,000 Total Liabilities $50,000 $20,000 Shares Outstanding 10,000 10,000 (2 points) Earnings Per Share = Net Income / Average Shares Outstanding = (2 points) Net Profit Margin Ratio = Net Income / Total Revenues = (2 points) Asset Turnover Ratio = Total Revenues / Average Total Assets =