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
Definitions:
Heart Attack
A medical emergency caused by the interruption of blood flow to the heart muscle, potentially leading to tissue damage or death.
Angina
A condition marked by severe chest pain due to an inadequate blood supply to the heart.
Cardiomyopathy
A disease of the heart muscle that makes it harder for the heart to pump blood to the rest of the body, potentially leading to heart failure.
Heart Muscle
The muscle tissue of the heart, known as cardiac muscle, which is responsible for pumping blood throughout the body.
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