Based on the financial statements of Cowan Kitchen Counters, Inc., as shown below: Compute the following profitability

Question:

Based on the financial statements of Cowan Kitchen Counters, Inc., as shown below:

Compute the following profitability measures for 20-2 (round all calculations to two decimal places):
a. Profit margin ratio.......................................%
b. Return on assets..........................................%
c. Return on common stockholders' equity..............%
d. Earnings per share of common stock...................$

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...