Selected current year end financial information for a company is presented below. Calculate the following...
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Selected current year end financial information for a company is presented below. Calculate the following company ratios: (a) Profit margin. (b) Total asset turnover, (C) Return on total assets. (d) Return on common stockholders' equity (assume the company has no preferred stock). Net income $325,000 Net sales 4,700,000 Total liabilities, beginning-year 550,000 Total liabilities, end-of-year 530,000 Total stockholders' equity, beginning year. 760,000 Total stockholders' equity, end-of-year 745,000 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). TT T Arial 3 (12pt) TE 1 23
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