Question: Problem 3 - 8 ( Algo ) Profitability ratios [ LO 3 - 2 ] Easter Egg and Poultry Company has $ 1 , 7

Problem 3-8(Algo) Profitability ratios [LO3-2]
Easter Egg and Poultry Company has $1,760,000 in assets and $608,000 of debt. It reports net income of $100,000.
What is the firms return on assets?
Note: Enter your answer as a percent rounded to 2 decimal places.
What is its return on stockholders equity?
Note: Enter your answer as a percent rounded to 2 decimal places.
If the firm has an asset turnover ratio of 3.5 times, what is the profit margin (return on sales)?
Note: Enter your answer as a percent rounded to 2 decimal places.

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