Use the Hamilton’s Data Set to compute these profitability measures for 2020:

Data use in Hamilton’s Data Set

a. Rate of return on net sales 

b. Rate of return on total assets 

c. Rate of return on common shareholders’ equity 

Are these rates of return strong or weak?

1 2 3 4 LO 5 6 Sales revenues 7 Less: Cost of goods sold 8 Gross profit 9 Less: Operating expenses 10 Operating income 11 Less: Interest expense 12 Income before income taxes 13 Less: Income tax expense 14 Net income 15 A Hamilton's Income Statement For the Years Ended December 31, 2020 (amounts in thousands) 2020 $ $ $ $ B $ 35,587,500 21,700,000 13,887,500 5,093,770 8,793,730 217,500 8,576,230 1,979,130 6,597,100