Problem $3-8($Algo$)$ Profitabllity ratlos $[$LO$3-2]$

Easter Egg and Poultry Company has $$1,440,000$ in assets and $$617,000$ of debt. It reports net Income of $$175,000.$

a$.$ What is the firm's return on assets?

Note: Enter your answer as a percent rounded to $2$ decimal places.

Return on assets

$\%$

b$.$ What is its return on stockholders" equilty?

Note: Enter your answer as a percent rounded to $2$ decimal places.

Return on equity

$\%$

c$.$ If the firm has an asset turnover ratlo of $21$ times, what is the profit margin $($return on sales$)?$

Note: Enter your answer as a percent rounded to $2$ decimal places.

Profit margin