The 2024 income statement for Circuit TV and Appliance reported net sales of $420,000 and...
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The income statement for Circuit TV and Appliance reported net sales of $ and net income of $ Average total assets for was $ Shareholders' equity at the beginning of the year was $ and $ was paid to shareholders as dividends. There were no other shareholders' equity transactions that occurred during the year. Calculate the profit margin on sales, return on assets, and return on equity for 
The income statement for Circuit TV and Appliance reported net sales of $ and net income of $ Average total
assets for was $ Shareholders' equity at the beginning of the year was $ and $ was paid to
shareholders as dividends. There were no other shareholders' equity transactions that occurred during the year.
Calculate the profit margin on sales, return on assets, and return on equity for
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