Selected data from the Carmen Company at year end are presented below:
Total assets
$2,000,000
Average total assets
2,200,000
Net income
250,000
Sales
1,300,000
Average common stockholders' equity
1,000,000
Net cash provided by operating activities
275,000
Shares of common stock outstanding
10,000
Calculate: a) ratio of sales to assets; b) rate earned on total assets; c) rate earned on common stockholders' equity and d) earnings per share on common stock. Assume the company had no preferred stock or interest expense. Round percentage values to one decimal place and dollar values to zero decimal place.

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The Answer of Selected data from the Carmen Company at year end are presented below:
Total assets
$2,000,000
Average total assets
2,200,000
Net income
250,000
Sales
1,300,000
Average common stockholders' equity
1,000,000
Net cash provided by operating activities
275,000
Shares of common stock outstanding
10,000
Calculate: a) ratio of sales to assets; b) rate earned on total assets; c) rate earned on common stockholders' equity and d) earnings per share on common stock. Assume the company had no preferred stock or interest expense. Round percentage values to one decimal place and dollar values to zero decimal place.

Selected Data from the Carmen Company at Year End Are