Compute the profitability ratios

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Reference no: EM13111316

Compute the profitability ratios including-
• Profit margin
• Return on assets
• Return on equity
2. Presume that the industry averages for these ratios are
• Profit margin - 12%
• Return on assets - 18%
• Return on equity - 25%
Then right a paragraph on profitability is comparative to the industry averages and explain why this information is useful.

Reference no: EM13111316

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