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Comparative calendar year financial data for a company are shown below. Calculate the following ratios for 2017:
(a) return on total assets
(b) return on common stockholders' equity.
Ownership Of Resources
The legal right or control individuals or entities have over natural, physical, or intellectual properties and resources.
Economic Activities
Activities that involve the production, distribution, and consumption of goods and services within an economy.
Absolute Advantage
The capability of a country or individual to produce more of a good or service with the same amount of resources as competitors.
Opportunity Cost
The price paid for not selecting the next most favorable opportunity when deciding.
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