(Answered) Data is selected from a balance sheet and income statement

Accounting

Data is selected from a balance sheet and income statement: 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 Calculate the profitability ratios that can be computed from the above information.

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