The following data were obtained from the current financial statements for Kelly Corporation:

Required Calculate the following ratios for Kelly Corporation:

a. Gross profit percentage

b. Return on sales

c. Asset turnover

d. Return on assets

e. Return on common stockholders’ equity

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Net sales.... $30,000 Cost of goods sold 10,500 Net income.. 4,500 Average total assets 50,000 Average common stockholders' equity. 35,000 Preferred dividends 500