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ACC- Florida Fruit Company

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Question;Selected data from the Florida Fruit Company are presented below:Total assets $1,500,000 Average total assets 1,850,000 Net income 175,000Net sales 1,300,000Average common stockholders' equity 1,000,000Net cash provided by operating activities 275,000InstructionsAssuming that no dividends were declared or paid during the period, calculate the following profitability ratios from the above information:1. Profit margin2. Asset turnover3. Return on assets4. Return on common stockholders? equity

 

Paper#43892 | Written in 18-Jul-2015

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