Question: Casper's Cookie Company comparative balance sheets are presented below. 2020 2019 Cash 5,300 3,700 |A/R 21,200 23,400 Inventory 9,000 7,000 Land 20,000 26,000 Buildings 70,000

 Casper's Cookie Company comparative balance sheets are presented below. 2020 2019

Casper's Cookie Company comparative balance sheets are presented below. 2020 2019 Cash 5,300 3,700 |A/R 21,200 23,400 Inventory 9,000 7,000 Land 20,000 26,000 Buildings 70,000 70,000 Acc. Depr. - Buildings (15,000) (10,000) Total 110,500 120,100 |A/P 10,370 31,100 Common Stock 75.000 69.000 Retained Earnings 25.130 20,000 Total 110,500 120,100 Additional Information: 1. 2020 Net Sales - $130,000 2. 2020 Cost of Goods Sold - $70,000 3. 2020 Net Income - $17.000 Calculate the following ratios (show your work): Profit Margin Asset Turnover

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