From the simplified balance sheet and income statement of the business below,compute the following ratios.Assume that the April 30 amounts for total assets and stockholders' equity also represent their average amounts for the period.Round percentages to the nearest whole percent.
a.Profit margin
b.Return on assets
c.Debt to equity
d.Return on equity
e.Asset turnover

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The Answer of From the simplified balance sheet and income statement of the business below,compute the following ratios.Assume that the April 30 amounts for total assets and stockholders' equity also represent their average amounts for the period.Round percentages to the nearest whole percent.
a.Profit margin
b.Return on assets
c.Debt to equity
d.Return on equity
e.Asset turnover

From the Simplified Balance Sheet and Income Statement of the Business