Comparative financial statements for the Rahul Corporation for the year ended December 31 are given below. A
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Comparative financial statements for the Rahul Corporation for the year ended December 31 are given below. A total of 500,000 shares of common stock were outstanding. The market value of the company’s common stock at the end of the year was $25.
Required
Compute the following financial ratios for the year 2021:
a. Gross margin percentage.
b. Earnings per share.
c. Price–earnings ratio.
d. Return on total assets.
e. Return on common stockholders’ equity.
Comment on the results.
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