asmahan1
Jun 5, 2011, 07:59 AM
Selected data from the Conner Company are presented below:
Total assets
$1,500,000
Average assets
1,700,000
Net income
250,000
Net sales
1,400,000
Average common stockholders' equity
1,000,000
Net cash provided by operating activities
275,000
Shares of common stock outstanding
10,000
Instructions
Calculate the profitability ratios that can be computed from the above information.
Total assets
$1,500,000
Average assets
1,700,000
Net income
250,000
Net sales
1,400,000
Average common stockholders' equity
1,000,000
Net cash provided by operating activities
275,000
Shares of common stock outstanding
10,000
Instructions
Calculate the profitability ratios that can be computed from the above information.