Butik Bibi Sdn Bhd, sell professional women's apparel through company-own online stores. Recent financial information for Butik Bibi is provided...

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Butik Bibi Sdn Bhd, sell professional women's apparel through company-own online stores. Recent financial information for Butik Bibi is provided below : 2018RM 2017RM 2016RM Net Income 81,872 63,276 Interest Income 2,083 3,641 Total assets 1,492,906 1,327,338 1,256,397 Total shareholders' equity 1,034,482 926,744 818,856 Assume the appareal industry average rate earned on total assets is 8.2%, and the average rate earned on shareholders' equity is 16.7% for fiscal year 2017.(a)   Determine the rate earned on total assets for Butik Bibi for year 2018 and 2017.(b)              Determine the rate earned on shareholders' equity for for Butik Bibi for year 2018 and  2017. (c)   Evaluate the two year trend for profitability ratios determined in (a) and (b).(d)  Evaluate Butik Bibi profit performance in relate to the industry.

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Butik Bibi Sdn Bhd, sell professional women's apparel through company-own online stores. Recent financial information for Butik Bibi is provided...

  • Written in: 17-Oct-2019
  • Paper ID: 352123
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DATE ANSWERED

Oct 17, 2019

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