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1. Selected current year company information follows: Net income ...................................$ 15,953 Net Sales.........................................712,855 Total liabilities, beginning-year...............83,932 total liabilities, end-of-year..................103,201 total stockholders' equity, beginning-year....198,935 total stockholders'

1. Selected current year company information follows:

Net income ...................................$ 15,953

Net Sales.........................................712,855

Total liabilities, beginning-year...............83,932

total liabilities, end-of-year..................103,201

total stockholders' equity, beginning-year....198,935

total stockholders' equity, end-of-year........121,851

Total asset turnover is

a. 2.24 times

b. 2.81 times

c. 3.64 tiems

d. 4.67 times

e. 6.28 times

The return on total assets is:

a. 2.24%

b. 2.81%

c. 3.64%

d. 4.67%

e. 6.28%

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