Calculate the profitability ratios that can be computed from the above information.

Calculate the profitability ratios that can be computed from the above information.

Selected data
from Decco Company are presented below:

Total
assets $1,600,000

Average
assets 2,000,000

Net
income 380,000

Net
sales 1,500,000

Average
common stockholders’ equity 1,000,000

Instructions

Calculate the profitability ratios
that can be computed from the above information.

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