Question

Use the information provided to analyze the profitability of SDHS Co using the following ratios: return on assets 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 assets is 13.5% 13% 14% 14.5%

Answer 1

Answer:

... to analyze the profitability of SDHS Co using the following ratios: return on assets Sales ... ... Profit 206,500 Net Income 115,000 Interest Expense 2,875 Average Total Assets 875,000

Answer 2

Answer:

13%

Explanation:

..