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pacific fixtures lists the following accounts as part of its balance sheet. Total assets $10,000,000 Accounts payable $2,000,000 Notes payable (8%) 1,000,000 Bonds (10%) 3,000,000

pacific fixtures lists the following accounts as part of its balance sheet.

Total assets $10,000,000 Accounts payable $2,000,000 Notes payable (8%) 1,000,000 Bonds (10%) 3,000,000 Common stock at par 1,000,000 Contributed capital in excess of par 500,000 Retained earnings 2,500,000 Total liabilities and stockholders equity $10,000,000

Compute the return on stockholders equity if the company has sales of $20 million and add the following net profit margin

3 percent

5 percent

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