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The following information was taken from the income statement and balance sheet of The French Company for the years 2014 and 2015: 2015 2014 Sales
The following information was taken from the income statement and balance sheet of The French Company for the years 2014 and 2015:
| 2015 | 2014 |
Sales revenues | $58,200 | $40,600 |
Net income | 6,200 | 4,900 |
Total assets | 60,000 | 56,000 |
Total stockholders equity | 40,200 | 30,400 |
Compute the following ratios for 2015:
Net profit margin |
|
Asset turnover |
|
Return on assets |
|
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