Essay
Profitability Ratios Sue's Crops, Inc.'s 2011 income statement listed net sales = $100,000, EBIT = $20,000, net income available to common stockholders = $8,000, and common stock dividends = $2,000. The 2011 year-end balance sheet listed total assets = $400,000, and common stockholders equity = $300,000 with 3,000 shares outstanding. Calculate the profit margin, basic earnings power ratio, ROA, ROE, and dividend payout ratio.
Correct Answer:

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Correct Answer:
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