Exercise 18-8 Selected comparative statement data for Queen Products Company are presented below. All balance sheet data are as of December 31. 2017 2016 Net sales $760,000 $721,000 Cost of goods sold 485,000 438,000 Interest expense 6,500 4,200 Net Income 46,500 38,000 Accounts receivable 123,000 102,500 Inventory 80,300 70,900 Total assets 581,900 501,600 Total common stockholders' equity 428,300 323,900 Compute the following ratios for 2017. (Round answers to I decimal place, e.g. 1.6, or 1.6%.) Profit margin Asset turnover Return on assets Return on common stockholders' equity Click if you would like to Show Work for this questioni Open Show Work LINK TO TEXT Question Attempts: 0 of 5 used