The following information is available for Virginia Company:

Calculate the following ratios for 2019:

a. Gross profit percentage

b. Return on sales

c. Asset turnover

d. Return on assets

e. Return on common stockholders' equity (Virginia Company declared and paid preferred stock dividends of \(\$ 20,000\) in 2019.)

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Annual Data Sales revenue. Cost of goods sold Net income.... 2019 2018 $6,600,000 $6,000,000 4,006,400 3,800,000 325,000 264,000 Year-End Data Total assets... Common stockholders' equity Dec. 31, 2019 Dec. 31, 2018 $2,850,000 1,900,000 $2,500,000 1,700,000