Maggie’s Skunk Removal Corp.’s 2021 income statement listed net sales of $14.5 million, gross profit of $9.90 million, E

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answerhappygod
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Maggie’s Skunk Removal Corp.’s 2021 income statement listed net sales of $14.5 million, gross profit of $9.90 million, E

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Maggie’s Skunk Removal Corp.’s 2021 income statement listed net
sales of $14.5 million, gross profit of $9.90 million, EBIT of $7.6
million, net income available to common stockholders of $5.2
million, and common stock dividends of $3.2 million. The 2021
year-end balance sheet listed total assets of $54.5 million and
common stockholders' equity of $23.0 million with 2.0 million
shares outstanding.
Calculate the basic earnings power
Calculate the return on assets
Calculate the return on equity
Calculate the dividend payout
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