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The 2021 Income statement of Adrian Express reports sales of $20,310.000, cost of goods sold...

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The 2021 Income statement of Adrian Express reports sales of $20,310.000, cost of goods sold of $12.500,000. and net Income of $1,900,000. Balance sheet Information is provided in the following table. ADRIAN EXPRESS Balance Sheets December 31, 2021 and 2020 2021 2e20 Assets Current assets: Cash Accounts receivable Inventory Long-term assets Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Connon stock Retained earnings Total liabilities and stockholders' equity $ 900.00 $ 910,000 1,725, eee1 .175.000 2,175,08 1,625,000 5.ee8,688 4,398,eee $9,700,000 $8,100, $2.838.88 2,490,00 2.025.00 3,155,889 $9,788,888 $1.828.688 2.560.888 1,975,00 1,745,888 $8,188,888 Industry averages for the following profitability ratlos are as follows: Gross profit ratio Return on assets Profit margin Asset turnover Return on equity 153 6.5 times 355 Required: 1. Calculate the five profitability ratios listed above for Adrian Express. (Round your answers to 1 decimal place.) Profitability Ratios Gross profit ratio Return on assets Profit margin Asset turnover Return on equity

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