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Compute return on common stockholder equity

    Assignment Instructions

    Assignment ID: FG133135279

    Question – Selected financial statement data for Grouper Company are presented below.

    Net sales $1,575,000

    Cost of goods sold 720,000

    Interest expense 11,200

    Net income 220,500

    Total assets (ending) 1,000,000

    Total common stockholders’ equity (ending) 700,000

    Total assets at the beginning of the year were $800,000; total common stockholders’ equity was $540,000 at the beginning of the period.

    Required –

    1. Calculate asset turnover.

    2. Compute the profit margin.

    3. Compute return on assets.

    4. Compute return on common stockholder’s equity.

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