1. What is the asset turnover? ____
2. What is the return on net worth? (Do not round intermediate calculations and round the final answer to 2 decimal places) ____
3. What is the size of total assets for the firm? (Omit $ in your answer) ____
4. What is the Return on Assets (ROA)? (Do not round intermediate calculations. The round final answer to 2 decimal places.) ____

5. The managers of the firm claim that the return on net worth for the firm is 61.7. If the return on assets is 22.34, then what financial leverage is required to achieve this return? (Round your answer to 2 decimal places.) ____

6. Categories Values:

   Sales $50,800,000

   Cost of goods sold $25,400,000

   Variable expenses $ 8,350,000

   Fixed expenses $ 8,420,000

   Inventory $ 6,210,000

   Accounts receivable $ 3,280,000

   Other current assets $ 4,280,000

   Fixed assets $24,000,000

   Financial leverage 1.607