Profitability
Angi’s income statement indicates a steady growth in sales and gross income since 2008. This is an indicator that the firm’s management is effectively using the resources at its disposal. A better analysis of the firm’s profitability can be established using the ratios below: - Returns On Equity The returns on equity = net income / share holders equity
For the year 2012 for the year 2011
(52894) / 5,319 = - 9.94 (49837) / 45037 =-1.17 This ratio indicates how profitable a firm is for the shareholders; the Angi List Company is currently experiencing a decline in its equity ratio. The huge difference shows ...
