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Accounting

Selected data from the Conner Company are presented below:

Total assets $1,500,000
Average assets 1,700,000
Net income 250,000
Net sales 1,400,000
Average common stockholders' equity 1,000,000
Net cash provided by operating activities 275,000
Shares of common stock outstanding 10,000

Instructions
find out the profitability ratios that can be computed from the above information

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M974722

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