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Please see photos Sandhill Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow.
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Sandhill Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow. Sandhill Medical Comparative Income Statement and Statement of Retained Earnings For the Year Dividends paid Preferred dividends Common dividends Total dividends paid Net income retained Retained earnings, beginning of year Retained earnings, end of year $4,194,6253,660,480$3,660,4803,142,400 Calculate the following profitability ratios for 2020 . (Round answers to 1 decimal place, e.g. 50.19 Step by Step Solution
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