Access over 20 million homework & study documents

Annual Report

Content type
User Generated
Subject
Accounting
Type
Homework
Rating
Showing Page:
1/6
Running Head: ANNUAL REPORT 1
Annual Report
Institution Affiliation
Date:

Sign up to view the full document!

lock_open Sign Up
Showing Page:
2/6
ANNUAL REPORT 2
Return on Total Assets = Net income/average total assets
American Apparel 2012
37,272/ ((328,212+324,721)/2)
37,272/490,572.5
0.076
American Apparel 2013
106,298/ ((333,752+328,212)/2)
106,298/330,982
0.321
American Apparel 2014
68,817/ ((294,389+333,752)/2)
68,817/628,141
0.110
The return on total assets ratio shows the efficiency of American Apparel concerning its capacity
to generate sales using its assets. The highest ratio was recorded in 2013 whereas the lowest was
in 2012. As such, in 2013 the company was more efficient in utilizing its assets to generate assets
as opposed to the other financial years.

Sign up to view the full document!

lock_open Sign Up
Showing Page:
3/6

Sign up to view the full document!

lock_open Sign Up
End of Preview - Want to read all 6 pages?
Access Now
Unformatted Attachment Preview
Running Head: ANNUAL REPORT 1 Annual Report Institution Affiliation Date: ANNUAL REPORT 2 Return on Total Assets = Net income/average total assets American Apparel 2012 37,272/ ((328,212+324,721)/2) 37,272/490,572.5 0.076 American Apparel 2013 106,298/ ((333,752+328,212)/2) 106,298/330,982 0.321 American Apparel 2014 68,817/ ((294,389+333,752)/2) 68,817/628,141 0.110 The return on total assets ratio shows the efficiency of American Apparel concerning its capacity to generate sales using its assets. The highest ratio was recorded in 2013 whereas the lowest was in 2012. As such, in 2013 the company was more efficient in utilizing its assets to generate assets as opposed to the other financial years. ANNUAL REPORT American Apparel’s depreciation and amortization of equipment and property as well as other assets is $68,817, $106,298, and $37,272 in the financial years 2014, 2013, and 2012 respectively. Trend Analysis is calculated by attaining the percentage from year to year (y2-y1)/y1 American Apparel Trend Analysis on Sales In 2011 (547,336-532,989)/532,989 0.027 In 2012 (617,310-547,336)/547,336 0.128 In 2013 (633,941-617,310)/617,310 0.027 In 2014 (608,891-633,941)/633,941 -0.04 3 ANNUAL REPORT Trend Analysis on Cost of Sales In 2011 (252,436-253,080)/253,080 -0.003 In 2012 (289,927-252,436)/252,436 0.149 In 2013 (313,056-289,927)/289,927 0.08 In 2014 (299,756-313,056)/313,056 -0.042 Trend Analysis on Gross Profit In 2011 (294,900-279,909)/279,909 0.054 4 ANN ...
Purchase document to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Anonymous
I use Studypool every time I need help studying, and it never disappoints.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Documents