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Stockholders' Equity Calculate and interpret ratios Data from the financial statements of Eclectic Candle Company included the following: Average total assets Average common stockholders' equity
Stockholders' Equity Calculate and interpret ratios Data from the financial statements of Eclectic Candle Company included the following: Average total assets Average common stockholders' equity Net sales Net income $50,000 20,000 100,000 7,500 The company had no preferred stock Find the following a. Net profit margin ratio b. Asset turnover ratio c. Leverage ratio d. Return on assets (ROA) e. Return on equity (ROE) 2. Which is higher, ROA or ROE
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