Question

se the information provided to analyze the profitability of SDHS Co using the following ratios: return on equity Sales $ 350,000 Gross profit 206,500 Net income 115,000 Interest expense 2,875 Average total assets 875,000 Average total shareholders' equity 500,000 Weighted-average common shares outstanding 25,000 The return on equity is 1 point 27% 23.0% 21% 35% 3.

Answer 1

Answer:

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