Calculate profitability measures The following information was available for the year ended December 31, 2016: Sales $ 400,000 Net income 60,000 Average total assets 1,000,000 Average total...

Calculate profitability measures The following information was available for the year ended December 31, 2016:
Sales $  400,000
Net income 60,000
Average total assets 1,000,000
Average total stockholders' equity  600,000
Dividends per share 2.40
Earnings per share 6.00
Market price per share at year-end 96.00
Required:
Calculate margin, turnover, and ROI for the year ended December 31, 2016.
Calculate ROE for the year ended December 31, 2016.
Calculate the price/earnings ratio for 2016.
Calculate the dividend payout ratio for 2016.
Calculate the dividend yield for 2016.