Use the following information from a balance sheet and an income statement.
Total assets.....................................................$240,000
Total liabilities....................................................60,000
Total stockholders' equity.....................................180,000
Net sales.........................................................260,000
Cost of goods sold.............................................140,000
Operating expenses.............................................80,000
Compute the
(1) Profit margin,
(2) Asset turnover,
(3) Return on assets,
(4) Debt to equity ratio, and
(5) Return on equity. (The previous year's total assets were $200,000, and stockholders' equity was $140,000.) Round your answers to one decimal place.
1. Profit margin %
2. Asset turnover times
3. Return on assets %
4. Debt to equity ratio %
5. Return on equity %