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Profitability Ratios Profitability Ratios 31-Dec 20Y7 20Y6 20Y5 224,000$ 70,000$ 5,600 $ 28,000 $ 14,000 $ 93,030 $ 31,340 135,030$ 213,000$ 202,000 S 70,000$ Total
Profitability Ratios
Profitability Ratios 31-Dec 20Y7 20Y6 20Y5 224,000$ 70,000$ 5,600 $ 28,000 $ 14,000 $ 93,030 $ 31,340 135,030$ 213,000$ 202,000 S 70,000$ Total assets Notes payable (8% interest Notes Payable Interes Expense Common stock Preferred 7% stock, $100 par Retained earnings Net Income Total Stockholders Equit Average Total Assets 180,000 70,000 5,600 28,000 $ 14,000 $ 62,670 $ 21,650 126,320 191,000 28,000 14,000 42,000 20Y7 20Y6 Return on total assets Return on stockholders' equit Return on common stockholders' equitStep by Step Solution
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