Selected Data from Decco Company Are Presented Below Instructions
Calculate the Profitability Ratios That Can Be Computed from l

Essay

Selected data from Decco Company are presented below: $$\begin{array} { l r } \text { Total assets } & \$ 1,600,000 \\\text { Average assets } & 2,000,000 \\\text { Net income } & 380,000 \\\text { Net sales } & 1,500,000 \\\text { Average common stockholders' equity } & 1,000,000\end{array}$$ Instructions
Calculate the profitability ratios that can be computed from the above information.