Profitability measures
Shown below is a recent income statement for B-D Electric.

Net Income $970,000
Assume that comparative balance sheets for B-D Electric indicate average total assets for the year of $2,500,000, and average total equity of $2,050,000. Compute the following:

Question

Profitability measures
Shown below is a recent income statement for B-D Electric.
 
Net Income $970,000
Assume that comparative balance sheets for B-D Electric indicate average total assets for the year of $2,500,000, and average total equity of $2,050,000. Compute the following:

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The Answer of Profitability measures
Shown below is a recent income statement for B-D Electric.
 
Net Income $970,000
Assume that comparative balance sheets for B-D Electric indicate average total assets for the year of $2,500,000, and average total equity of $2,050,000. Compute the following:

Profitability Measures Shown Below Is a Recent Income Statement for B-D Electric