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The following are selected balance sheet and income statement information for ABC Company. Current Assets =$ 2,031 Gross profit on sales =$100,340 Net Sales =$150,003

The following are selected balance sheet and income statement information for ABC Company.

Current Assets =$ 2,031

Gross profit on sales =$100,340

Net Sales =$150,003

Net Income =$ 11,304

Avg Total Assets =$136,855

Avg Stock. EQ. =$ 75,834

ROUND ALL VALUES TO TWO (2) decimals

State the following formulas: a. Gross profit percentage b. Profit margin c. Asset turnover d. Return on assets e. Return on common stockholders' equity (ABC Company has no preferred stock) f. Leverage g. DuPont Formula (all 3 parts) Compute the following ratios: a. Gross profit percentage b. Profit margin c. Asset turnover d. Return on assets e. Return on common stockholders' equity (ABC Company has no preferred stock) f. Leverage g. DuPont Formula (all 3 parts), show all 3 parts

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