Selected data from the Carmen Company at year end are presented below:
- Total assets 2,000,000
- Average total assets 2,200,000
- Net Income 250,000
- Net Sales 1,300,000
- Average common stockholders equity 1,000,000
- Net Cash provided by operating activities 275000
- Shares of common stock outstanding 10,000
Required:
Calculate the profitability ratios that can be computed from the above information. If required, round your answers to one decimal place. I only need the ratio of net sales to assets.