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Selected Data from the Carmen Company at Year End Are

Question 176

Essay

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 Net sales 1,300,000 Average common stockholders’ equity 1,000,000 Net cash provided by operating activities 275,000 Shares of common stock outstancling 10,000\begin{array}{ll}\text { Total assets } & \$ 2,000,000 \\\text { Average total assets } & 2,200,000 \\\text { Net income } & 250,000 \\\text { Net sales } & 1,300,000 \\\text { Average common stockholders' equity } & 1,000,000 \\\text { Net cash provided by operating activities } & 275,000 \\\text { Shares of common stock outstancling } & 10,000\end{array}
Instructions
Calculate the profitability ratios that can be computed from the above information.Assume the company had no preferred stock or interest expense.Round percentage value to one decimal place and dollar value to zero decimal place.

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