Compute return on common stockholder equity

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Reference no: EM133135279

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.

Reference no: EM133135279

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