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Selected data from the Carmen Company at year end are presented below: Total assets $2,000,000 2,200,000 Average total assets Net income Sales Average common stockholders'
Selected data from the Carmen Company at year end are presented below: Total assets $2,000,000 2,200,000 Average total assets Net income Sales Average common stockholders' equity Net cash provided by operating activities Shares of common stock outstanding Long-term investments 250,000 1,300,000 1,000,000 275,000 10.000 400,000 Required: Calculate the profitability ratios that can be computed from the above information. Assume the company had no preferred stock or interest expense. Round dollar values to two decimal places and other final answers to one decimal place. a. Asset turnover ratio X b. Return on total assets 11.4 % C. Return on common stockholders' equity 25 % d. Earnings per share on common stock $ 25 per share
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