Exercise 18-8 2 Your answer is partially correct. Try again. Selected comparative statement data for Queen Products Company are presented below. All balance sheet data are as of December 31. 2017 2016 Net sales $755,000 $715,000 Cost of goods sold 475,000 435,000 Interest expense 6,000 4,000 Net income 45,000 37,000 Accounts receivable 115,000 100,000 Inventory 80,000 70,000 Total assets 575,000 495,000 Total common stockholders' equity 425,000 320,000 Compute the following ratios for 2017. (Round answers to 1 decimal place, e.g. 1.6, or 1.6% .) Profit margin 5.96 % Asset turnover times Return on assets Return on common stockholders' equity ry Poliry IM n00.3010 tohn Me