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A COMPANY HAS SUPPLIED THE FOLLOWING FINANCIAL DATA: COMMON STOCK $10,000 PROFIT MARGIN 8% PROFIT AFTER TAX $7,000 RETAINED EARNINGS $20,000 TOTAL ASSETS $50,000 COMPUTE:

A COMPANY HAS SUPPLIED THE FOLLOWING FINANCIAL DATA:

COMMON STOCK $10,000

PROFIT MARGIN 8%

PROFIT AFTER TAX $7,000

RETAINED EARNINGS $20,000

TOTAL ASSETS $50,000

COMPUTE: SALES; TOTAL ASSET TURNOVER; RETURN ON EQUITY; RETURN ON ASSETS.

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