Use the Hajjar's Data Set to compute these profitability measures for 2012: a. Rate of return on
Question:
a. Rate of return on net sales
b. Rate of return on total assets (interest expense for 2012 was $405,820)
c. Rate of return on common stockholders' equity
Are these rates of return strong or weak?
Hajjar's Data Set
Hajjar's
Income Statement
For the Year Ended December 31, 2012
Net sales ...................................................................................................... $42,522,500
Cost of goods sold........................................................................................ 29,900,000
Interest expense............................................................................................ 405,820
All other expenses ........................................................................................ 9,665,300
income.......................................................................................................... $2,551,380
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