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5 Profitability Ratios Calculate the common profitability ratios. A company has the following information: the net income is $230,000, net sales are $1,430,500, and average
5 Profitability Ratios Calculate the common profitability ratios. A company has the following information: the net income is $230,000, net sales are $1,430,500, and average shareholders' equity is $1,150,000. Calculate the return on equity and the net profit margin. 25%; 19%,25%; 20%,20%; 16%
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