Question: ANALYSIS OF PROFITABILITY Based on the financial statement data in Exercise 24-1B, compute the following profitability measures for 20-2 (round all calculations to two decimal

ANALYSIS OF PROFITABILITY Based on the financial statement data in Exercise 24-1B, compute the following profitability measures for 20-2 (round all calculations to two decimal places):

(a) Profit margin ratio

(b) Return on assets

(d) Earnings per share of common stock

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