Question: Selected financial statement data for Homer Company are presented below. Net sales Cost of goods sold Interest expense Net income Total assets (ending) Total common

 Selected financial statement data for Homer Company are presented below. Net
sales Cost of goods sold Interest expense Net income Total assets (ending)

Selected financial statement data for Homer Company are presented below. Net sales Cost of goods sold Interest expense Net income Total assets (ending) Total common stockholders' equity (ending) $1,500,000 700,000 10,000 205,000 900,000 600,000 Total assets at the beginning of the year were $800,000; total common stockholders' equity was $500,000 at the beginning of the period. Calculate asset turnover. (Round answer to 2 decimal placea, e-8. 15.21%.) Asset turnover --/0.75 Question Part Score Compute the profit margin.(Round answer to 1 decimal place, eg. 0.2.) Profit margin Question Part Score Compute return on assets. (Round answer to 1 decimal place, eg. 15.296.) Return on assets % Question Part Score Compute return on common stockholder's equity. (Round answer to 1 decimal place, eg. 15.2%.) Return on common stockholder's equity %6

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