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Profitability AnalysisAlbion Inc. provided the following information for its most recent year of operations. The tax rate is 4 0 % . Numerical Line Item
Profitability AnalysisAlbion Inc. provided the following information for its most recent year of operations. The tax rate is Numerical Line Item DescriptionValueSales$Cost of goods soldNet incomeInterest expenseAssetsbeginning balanceAssetsending balancePreferred dividends$Common dividends paid December $Common shares outstandingJanuary sharesCommon shares outstandingDecember sharesAverage common stockholders' equity$Market price per common share$Required:Round all answers to two decimal places except for dividend payout ratio which is rounded to four decimal places Compute the following:aReturn on sales bReturn on assets cReturn on stockholders equity dEarnings per Share $ ePriceEarnings Ratio fDividend Yield gDividend Payout Ratio
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