Use the information provided to analyze the profitability of T-Shirt City using the following ratios: return on assets,return on equity,gross profit ratio,and earnings per share.T-Shirt City has no preferred stock.
Definitions:
Performance Level
A measure of the efficacy, efficiency, or quality of an individual's or organization's work output.
Self-Serving Bias
A cognitive bias that leads individuals to attribute their successes to internal factors while blaming external factors for their failures.
Personal Failures
Instances where an individual fails to meet their own standards or expectations, impacting their perception of self-worth or ability to succeed.
External Causes
Factors outside an individual's or organization's control that can affect outcomes or performance.
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