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The following condensed information is reported by a company. Year 2 Year 1 $14,364,000 9,264,780 412,020 $9,300,000 6,800,000 338,000 Income Statement Information Sales revenue Cost of goods sold Net income Balance Sheet Information Current assets Long-term assets Total assets Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and stockholders' equity $ 1,690,000 2,290,000 $ 3,980,000 $ 1,290,000 1,410,000 890,000 390,000 $ 3,980,000 $1,590,000 1,990,000 $3,580,000 $ 990,000 1,410,000 890,000 290,000 $3,580,000 Required: 1. Calculate the following profitability ratios for Year 2: (Round your answers to 1 decimal place.) % % Profitability Ratios a. Gross profit ratio b. Return on assets C. Profit margin d. Asset turnover e. Return on equity % times % 2. Determine the amount of dividends paid to shareholders in Year 2. The amount of dividends paid Luugie nas u TE TOTIUVINY Stielleu uala (PILIHTOI 15)Round your answers we uelillai piace. Ciller your answers in millions (i.e., $10,110,000 should be entered as 10.11).) Net sales $23, 151 Net income 6,470 Operating cash flows 9, 311 Total assets, beginning 26,768 Total assets, ending 35,497 Required: 1. Calculate the return on assets. ($ in millions) Return on Assets Zoogle 2. Calculate the cash return on assets. ($ in millions) Cash Return on Assets Zoogle 3. Calculate the cash flow to sales ratio and the asset turnover ratio. ($ in millions) Cash Flow to Sales Zoogle ($ in millions) Asset Turnover Zoogle times