Selected comparative statement data for Molini Products Company are presented below. All statement of financial position data are as of December 31.

Instructions
Compute the following ratios for 2017.
(a) Profit margin.
(b) Asset turnover.
(c) Return on assets.
(d) Return on ordinary shareholders' equity?

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2017 2016 Net sales Cost of goods sold Interest expense Net income Accounts receivable Inventory Total assets £700,000 £680,000 400,000 5,000 34,000 100,000 75,000 580,000 540,000 Total ordinary shareholders' equity 425,000 325,000 480,000 7,000 42,000 120,000 85,000