ABC Corp.selected financial data 2018-2020 (in 000 s) 2020 2019 2018 Sales Revenue $118,000 $94,000...
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ABC Corp.selected financial data 2018-2020 (in 000 s) 2020 2019 2018 Sales Revenue $118,000 $94,000 $89.000 Net Income 8,850 5,358 4,984 Total Assets 177,000 141.000 68,220 Total Liabilities 118,500 82,500 19.720 Total Shareholders' Equity 58,500 58,500 48,500 Using the above data calculate the following 3 ratios for ABC Corp. for 2020 and 2019: (Round answers to 1 decimal place, 15.2%.) 2020 2019 Profit margin 96 Return on assets % % 96 % Return on equity
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