Calculate the net profit margin and return on assets

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Question - Ahl Enterprise lists the following data for 2011 and 2010:

 

2011

2010

Net income

$52,500

$40,000

Net sales

1,050,000

1,000,000

Average total assets

230,000

200,000

Average common equity

170,000

160,000

Required - Calculate the net profit margin, return on assets, total asset turnover, and return on common equity for both years. Comment on the results.

Reference no: EM132211786

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