ACC- Florida Fruit Company



Selected data from the Florida Fruit Company are presented below:
Total assets $1,500,000 Average total assets 1,850,000 Net income 175,000
Net sales 1,300,000
Average common stockholders’ equity 1,000,000
Net cash provided by operating activities 275,000

Assuming that no dividends were declared or paid during the period, calculate the following profitability ratios from the above information:
1. Profit margin
2. Asset turnover
3. Return on assets
4. Return on common stockholders’ equity


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