Question

The following condensed information is reported by Sporting Collectibles.


Required:
1. Calculate the following profitability ratios for 2015:
a. Gross profit ratio.
b. Return on assets.
c. Profit margin.
d. Asset turnover.
e. Return on equity.
2. Determine the amount of dividends paid to shareholders in 2015.


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  • CreatedJuly 15, 2014
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