august, inc. had the following transactions in 2018, its first year of operations: bullet issued 22,000 shares of common stock. the stock has a par value of $3.00 per share and was issued at $16.00 per share. bullet issued 1,800 shares of $160 par value preferred stock at par. bullet earned net income of $37,000. bullet paid no dividends. at the end of 2018, what is total stockholders' equity?

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times