Question: Selected comparative statement data for Pharoah Company are presented below. All balance sheet data are as at December 31. Net sales Profit Total assets Total

Selected comparative statement data for Pharoah Company are presented below. All balance sheet data are as at December 31. Net sales Profit Total assets Total common shareholders' equity 2021 $750,000 90,000 625,000 455,000 2020 $710,000 72,000 505.000 295.000 Calculate asset turnover for 2021. (Round answer to 1 decimal place, eg. 12.5.) Asset turnover times Calculate return on assets for 2021. (Round answer to 1 decimal place, eg. 12.5.) Asset turnover times Calculate return on assets for 2021. (Round answer to 1 decimal place, eg, 12.5.) Return on assets % Calculate return on equity for 2021. (Round answer to 1 decimal place, eg. 12.5.) Return on equity %
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