S&J Plumbing, Incorporated’s income statement shows a net profit before tax of $468 and net… 1 answer below »


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Assignment Description/FA2-2 to 3 (body of paper) S&J Plumbing, Incorporated's income statement shows a net profit before tax of $468 and net sales of $7,482 for 2010. Total assets are at $3,244. The balance sheet lists the company’s equity for fiscal year ending 2010 as $1,746. Calculate the following ratios for this company: • Return on sales ratio (net profit margin) • Return on assets (ROA) • Return on equity (ROE) Write a paper of 2-3 pages about the efficiency of S&J Plumbing, Inc. Assignment Description-PC2-400 to 500 words Although she does not report to you, you have already begun a series of discussions with the company's Management Information Systems Director. She has explained to you that she had not received good, consistent direction from her prior boss, the former CFO, in terms of setting up a good computerized, integrated MIS. Instead, she and her department had just created a hodgepodge of reports, which the users would spend endless time trying to reconcile, rather than spend their valuable time analyzing the reports results. In addition, the new CEO indicated that the company would be engaging in much more e-business than in the past, both with their vendors and customers. You decide to prepare a specific list of requirements for the CEO so that if she agrees to overhaul the existing hodgepodge and create a truly functional MIS system, you are prepared. Create a report of 400–500 words with the following sections: • a description of the objectives of an MIS system • at least 4 different elements of the system • why the reports should be integrated, using the very same data • what kinds of data different user groups would likely require • what system features will be needed specifically to address e-business needs