The following condensed information is reported by sporting


Question: The following condensed information is reported by Sporting Collectibles.

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Required: 1. Calculate the following profitability ratios for 2013:

a. Gross profit ratio.

b. Return on assets.

c. Profit margin.

d. Asset turnover.

e. Return on equity.

2. Determine the amount of dividends paid to shareholders in 2013.

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Finance Basics: The following condensed information is reported by sporting
Reference No:- TGS02317990

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