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1. Selected current year information for the Prosper Co. follows: Net income Net sales... Total liabilities, beginning-year ... Total liabilities, end-of-year......... Total stockholders' equity, beginning-year.

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1. Selected current year information for the Prosper Co. follows: Net income Net sales... Total liabilities, beginning-year ... Total liabilities, end-of-year......... Total stockholders' equity, beginning-year. Total stockholders' equity, end-of-year....... S 15.953 712.855 83,932 103,201 198,935 121.851 A. Calculate the total asset turnover ratio (3 points): B. Calculate return on total assets (3 points)

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