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Question: Profitability Ratios The following information has been gathered for Malette Manufacturing:

1581_Malette.png

Assume that the firm has no common stock equivalents. The tax rate is 34 percent.

Required: 1. Compute the return on assets.

2. Compute the return on common stockholders' equity.

3. Compute the earnings per share.

4. Compute the price-earnings ratio.

5. Compute the dividend yield.

6. Compute the dividend payout ratio.

Refer to the information for Kepler Company on the previous page.

Required: 1. Compute the percentage change for each item in the balance sheet and income statement.

2. Conceptual Connection: Comment on any significant trends.

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  • Category:- Accounting Basics
  • Reference No.:- M92507166
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