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It's not 6, 9, or 18. I can't seem to figure out what I am doing wrong. Byers Company presents the following condensed income statement

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It's not 6, 9, or 18. I can't seem to figure out what I am doing wrong.

Byers Company presents the following condensed income statement for 2019 and condensed December 31, 2019, balance sheet: Additional information: 1. The company's common stock was outstanding the entire year. 2. Dividends of $1.50 per share on the common stock were declared in 2019. 3. On December 31,2019 , common stock is selling for $20 per share. 4. On January 1, 2019, the accounts receivable (net) balance was $24,000, total assets amounted to $380,000, and total shareholders' equity was $241,000. 5. Of the company's net sales, 78% are on credit. 6. The company operates on a 365 -day business year. Required On the basis of the preceding information, compute the following ratios for the Byers Company: (Round to two decimal places.) 1. Earnings per share: 2. Gross profit margin: % 3. Operating profit margin: % 4. Net profit margin: % 5. Total asset turnover: times 6. Return on assets (Round tax rate to the nearest whole percent in your intermediate calculations.) 7. Return on common equity % 8. Receivables turnover (in days): (Round your intermediate calculation to two decimal places.) 9. Interest coverage: (in times) days times Operating profit margin = Net profit margin

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