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The following is a summary of performance data of FedEx over a three-year period:

The following is a summary of performance data of FedEx over a three-year period:

(in millions)
Year 1
Year 2
Year 3
Sales
34,734
39,304
42,680
Cost of Goods Sold
33,550
37,852
40,648
Net Income
1,184
1,452
2,032
Assets
25,654
27,385
29,903
Total Debt
11,695
10,498
13,926
Equity
15,654
15,220
14,727
Operating Cash Flow
1,998
2,378
3,186
Investment Cash Flow
-2,781
-3,419
-4,049
Financing Cash Flow
-692
-287
-244
Required:

Given the information in the table above, calculate the following:

Profit margin on sales
Return on assets
Return on equity
Total debt to total assets
Total asset turnover
Explain and evaluate your results as they pertain to profitability, debt, and asset turnover for the company over a three-year period.

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ratio analysis course hero.doc

Ratios
Profit margin on sales
Return on assets
Return on equity
Total debt to total assets
Total asset turnover Year 1
Year 2
Year 3
3.41%
3.69%
4.76%
4.62%
5.30%
6.80%
7.56%
9.54% 13.80%
45.59%...

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