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Data from the financial statements of Beautiful Candle Company included the following: Click the icon to view the data.) Read the requirements. Requirements 1. Calculate
Data from the financial statements of Beautiful Candle Company included the following: Click the icon to view the data.) Read the requirements. Requirements 1. Calculate the following ratios: a. Net profit margin; b. Asset turnover ratio, c. Leverage ratio, d. Return on assets (ROA); e. Return on equity (ROE). a. Begin by selecting the formula labels and then enter the amounts to calculate net profit margin. (Round your answer to one decimal place, X.X%.) = Net profit margin ratio % * Requirements A Data Table 1. Calculate the following ratios: a. Net profit margin d. Return on assets (ROA) b. Asset turnover ratio e. Return on equity (ROE) c. Leverage ratio 2. Which is higher, ROA or ROE? Does this make sense for stockholders? Why or why not? Average total assets. .................$ 60,000 Average common stockholders' equity... 25,000 Net sales... 120,000 Net income 6,000 The company had no preferred stock. Print Done Print Done
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