Selected data from the O'Neal Company are presented below: Total assets.......................................................$1,500,000 Average assets....................................................1,700,000 Net income.......................................................... 275,000 Net
Question:
Total assets.......................................................$1,500,000
Average assets....................................................1,700,000
Net income.......................................................... 275,000
Net sales....................................................... ....1,400,000
Average common stockholders' equity...................... ..1,000,000
Net cash provided by operating activities....................... 275,000
Instructions
Calculate the profitability ratios that can be computed from the above information.
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