Compute the following ratios: profit margin, return on equity, return on assets, earnings per share, and price to earnings. Round your intermediate calculations to two decimal points. Round final percentages to one decimal point (i.e., 12.8%) and remaining to two decimal points.

Exercise 12-22 Profitability Ratios The following financial information about NGC Company is available: 150,000 Net income Common shares outstanding, January 1 400,000 500,000 Common shares outstanding, December 31 Market price at December 31 0.00 945,000 Sales 800,000 Total assets, January 1 Total assets, December 31 $1,000,000 Stockholders' equity, January 1 450,000 475,000 Stockholders' equity, December 31 Required: Compute the following ratios: profit margin, return on equity, return on assets, earnings per share, and price to earnings. Round your intermediate calculations to two decimal points. Round final percentages to one decimal point e., 12.8%) and remaining to two decimal points Profit margin Return on equity Return on assets Earnings per share Price to earnings times Interpret the following ratios: profit margin return on equity, return on assets, earnings per share, and price to earnings The input in the box below will not be graded, but may be reviewed and considered by your instructor. blank