Given below are comparative balance sheets and an income statement for Claret Corporation.

Claret Corporation Balance sheets-2015

Claret Corporation Income Statement

Dec.31

Jan.1

For the year ended 2015

Cash	$15,600	$15,600	Sales	$228,800
Accounts receivable	46,800	37,700	Cost of goods sold	(137,540)
Inventory	32,500	36,400	Gross profit on sales	$91,260
Equipment (net)	57,200	66,300	Operating expenses	(75,868)
	$152,100	$156,000	Operating income	$15,392
Accounts payable	26,000	28,6000	Interest expense and income taxes	(9,100)
Dividend payable	7,800	3,900	Net income	$6,292
Long-term note payable	14,300	14,300
Capital stock,$5 par	72,800	72,800
Retained earnings	31,200	36,400
	$152,100	156,000

All sales were made on account. Cash dividends declared during the year totalled $11,492.

Required:

1. Claret Corporation return on assets for 2015 rounded to the nearest percentage (1 decimal place) is?

2. Claret Corporation's return on common stockholders' equity for 2015, rounded to the nearest percentage (1 decimal place) is?

3.Claret Corporation account receivable turnover for 2015 is?

4. Claret Corporation's inventory turnover for 2015 is?

5. Claret Corporation gross profit rate for 2015 is?

please show the work each answer, Thank You.