Ratios Analyzing Firm Profitability

The following information is available for Buhler Company:

Annual Data	Current Year	Prior Year
Net sales	$7,740,000	$7,380,000
Gross profit on sales	2,592,500	2,325,600
Net income	454,080	390,400
December 31 Year-End Data	Current Year	Prior Year
Total assets	$6,175,000	$5,700,000
Stockholders equity	3,400,000	2,720,000

Buhler Company has no preferred stock. Calculate the following ratios for the current year: (Round ratios to one decimal.) a. Gross profit percentage Answer

% b. Profit margin percentage Answer

% c. Asset turnover Answer

d. Return on assets Answer

% e. Return on common stockholders equity