Compute the return on common stockholders equity

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Question - The following is selected balance sheet and income statement information for Lopez Company.


Current Assets

Gross Profit on Sales

Net Sales

Net Income

Average Total Assets

Average Common Stockholders' Equity

2016

$48,062

$200,680

$450,009

$45,216

$273,710

$151,668

Required - Compute the following ratios:

a. Gross profit percentage

b. Return on sales

c. Asset turnover

d. Return on assets

e. Return on common stockholders' equity (Lopez Company has no preferred stock)

Reference no: EM133135471

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