Changes in Various Ratios Presented below is selected information for Brimmer Company 2013 2012 Sales revenue 5911,000 $840.000 Cost of goods sold 576.000 542.000 Interest expense 21,000 20,000 Income tax expense 28.000 24.000 Net income 62.000 52.000 Cash flow from operating activities 66,000 55,000 Capital expenditures 43,000 45.000 Accounts receivable (net). December 31 127.000 120,000 Inventory, December 31 197.000 160,000 451.000 400.000 Stockholders' equity, December 31 Total assets, December 31 731.000 660.000 Required Calculate the following ratios for 2013. The 2012 results are given for comparative purposes. Round answers to one decimal place. Use 365 days in a year. 2013 2012 35.5" 8.36 6.2 1. Gross profit percentage 2. Return on assets 3. Return on sales 4. Return on common stockholders' equity (no preferred stock was outstanding 5. Accounts receivable turnover 6. Average collection period 7. Inventory turnover 8. Times-interest-earned ratio 9. Operating-cash-flow-to-capital-expenditures ratio 13.99 8.0 45.6 days 3.6 days 4.8 1.2