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  3. account balences at the beginning of the year were

Account balences at the beginning of the year were: accounts receivable, 525,000 ; and inve...

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Accounting

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Account balences at the beginning of the year were: accounts receivable, 525,000 ; and inve Assets at the beginning of the year totaled $280,000, and the stockholders' equity totaled $1 Required: Compute the following 1 Gross margin percentage. Note: Round your percentoge onswer to 2 decimel ploces (t.e., 0.1234 should be entered 2 Not profit matoin percentage Note: Round your onswer to the neerest whole percentage place (fie., 0.12.34 ahould be ef 3. Return on total sisets Note: Round your percentoge enswer to 1 decimal ploce il.e, 0,1234 should be entered os 4. Return on equity Note: Round your percentege answer to 1 decimal place (lie, 0.1234 should be entered of

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