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    asmahan1's Avatar
    asmahan1 Posts: 3, Reputation: 1
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    #1

    Jun 5, 2011, 07:59 AM
    Selected data from the Conner Company are presented below:
    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.
    Just Looking's Avatar
    Just Looking Posts: 1,610, Reputation: 480
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    #2

    Jun 5, 2011, 08:59 AM

    Please read the following.

    Announcement:

    We won't do this for you but if you'll post your work we can check it for you and help explain where needed. If you aren't sure what the profit ratios are, Google "profit ratios" and you can find lists and formulas. Thanks.
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