Below are the two most recent balance sheets and most recent income statement for Orca Industries. The company has an effective tax rate of 35%. Balance Sheet 2011 2010 Assets: Cash Accounts Reccivable (net) Inventory Long-lived assets Less: Accumulated depreciation Total assets S 6000 1,500 10,000 11,000 (2.000) S26.500 S10,000 6,000 8,000 12,000 (4,000) $32.000 Liabilities and Stockholders Equity: Accounts payable Deferred revenues Long-term note payable Less: Discount on note payable Common stock S 5,000 1,000 $ 6,000 2,000 10,000 10,000 (800) 12.000 (100) 6,000 3.500 $26.500 Retained earnings Total liabilities and stockholders' equity 4800 $32.000 Income Statement For the year ended December 31, 2011 Revenues Cost of goods sold Depreciation expense Interest expense Bad debt expense Other expense (including income taxes) Net income $42,000 (24.000) (2,000) (3,000) (2.000) 19,000) $ 2000 1. Refer to the information for Orca Industries. The return on assets for Orca Industries is: 2. Refer to the information for Orca Industries. The return on common sharcholders' equity for Orca Industries is: 3. Refer to the information for Orca Industries. The profit margin for computing ROA for Orca Industries 4. Refer to the information for Orca Industries. Orca's asset turnover is: 5. Refer to the information for Orca Industries. Orca's accounts receivable turnover is (assume that Orca makes all sales on account): 6. Refer to the information for Orea Industries. Orca's basic earnings per share is