Q1) The following is a historical performance of company. Describe changes during four years given in the chart. Analyze productivity and profitability of company.
In % |
2005 |
2006 |
2007 |
2008 |
ROIC |
23.8 |
45.7 |
48.6 |
24.9 |
Pre-Tax ROIC |
40 |
71.7 |
76.2 |
38.6 |
AVG Tax Rate |
40.5 |
36.3 |
36.3 |
35.6 |
Op. Margin |
10 |
9.8 |
10.4 |
6.5 |
Capital Return |
4.02 |
7.35 |
7.33 |
5.96 |
Gross Margin |
26.5 |
24.6 |
25.5 |
23.8 |
SGA |
15.5 |
14 |
14 |
16.1 |
Depreciation |
1.00 |
0.9 |
1.1 |
1.2 |
Op WC/Sales |
(0.16) |
(0.14) |
(0.12) |
(0.12) |
Fixed Assets/Sales |
0.04 |
0.03 |
0.03 |
0.03 |
Other Assets/Sales |
0.37 |
0.25 |
0.23 |
0.26 |