Noble Company had net income of $175000 and net sales of $625000 in 2017. The company's total assets for 2013/2017 averaged $4000000. Its common stockholders' equity for the period averaged $2340000. Calculate (a) profit margin (b) return on assets and (c) return on common stockholders' equity.

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The Answer of Noble Company had net income of $175000 and net sales of $625000 in 2017. The company's total assets for 2013/2017 averaged $4000000. Its common stockholders' equity for the period averaged $2340000. Calculate (a) profit margin (b) return on assets and (c) return on common stockholders' equity.

Noble Company Had Net Income of $175000 and Net Sales