Problem 2-1

Given the following information: Use Figure 2.3.

Categories	Values
Sales	$	51,200,000
Cost of goods sold	$	32,000,000
Variable expenses	$	6,400,000
Fixed expenses	$	7,200,000
Inventory	$	9,200,000
Accounts receivable	$	5,200,000
Other current assets	$	4,200,000
Fixed assets	$	7,200,000

a. What is the net profit margin for this firm? (Round your answer to 2 decimal places.)

b. What is the asset turnover? (Round your answer to 2 decimal places.)

c. What is the return on assets? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

d. What is the size of the total assets used by the firm?