The following table provides a historical summary of key financial ratios for Somy Corporation.
| Ratio | 2014 | 2015 | 2016 |
| Return on Equity | 10.8% | -3.1% | -1.4% |
| Return on Assets | 3.0% | -0.8% | -0.3% |
| Cost of Sales to Sales | 75.6% | 78.5% | 74.8% |
| Research and Development Expenses to Sales | 6.3% | 6.9% | 6.6% |
| EBITDA to Sales* | 10.2% | 2.3% | 5.6% |
| Debt to Total Assets Ratio | 72.4% | 75.3% | 76.9% |
* EBITDA is earnings before interest, tax, and depreciation
- With reference to the appropriate ratios, analyse the trend in Somy’s profitability providing plausible reasons for any changes.
TO GET THIS OR ANY OTHER ASSIGNMENT DONE FOR YOU FROM SCRATCH, PLACE A NEW ORDER HERE
