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RCES -k Exercise 18-8 Selected comparative statement data for Queen Products Company are presented below. All balance sheet data are as of Decemb 2017 2016
RCES -k Exercise 18-8 Selected comparative statement data for Queen Products Company are presented below. All balance sheet data are as of Decemb 2017 2016 ady Net sales Cost of goods sold Interest expense Net income Accounts receivable Inventory Total assets Total common stockholders' equity $756,000 478,500 7,000 46,500 122,500 82,100 578,600 425,300 $724,000 440,500 5,500 44,000 107,500 73,000 504,300 326,600 Compute the following ratios for 2017. (Round answers to 1 decimal place, e.g. 1.6, or 1.6%) Profit margin % Asset turnover times Return on assets % Return on common stockholders' equity % Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Question Atte
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