Question: Selected financial statement data for Martinez Company are presented below. Net sales $1,683,500 Cost of goods sold 735,000 Interest expense 11,900 Net income 235,690 Total

Selected financial statement data for Martinez Company are presented below.

Net sales $1,683,500
Cost of goods sold 735,000
Interest expense 11,900
Net income 235,690
Total assets (ending) 990,000
Total common stockholders' equity (ending) 630,000

Total assets at the beginning of the year were $830,000; total common stockholders' equity was $520,000 at the beginning of the period.

(a)

Calculate asset turnover. (Round answer to 2 decimal places, e.g. 15.21%.)

Asset turnover enter the asset turnover in times rounded to 2 decimal places

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(b)

Compute the profit margin. (Round answer to 1 decimal place, e.g. 0.2%.)

Profit margin enter the profit margin in percentages rounded to 1 decimal place %

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(c)

Compute return on assets. (Round answer to 1 decimal place, e.g. 15.2%.)

Return on assets enter the return on assets in percentages rounded to 1 decimal place %

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(d)

Compute return on common stockholder's equity. (Round answer to 1 decimal place, e.g. 15.2%.)

Return on common stockholder's equity enter the return on common stockholder's equity in percentages rounded to 1 decimal place %

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