1.Asset turnover

A company reports the following:

Sales$643,500Average total assets429,000Determine theasset turnover ratio. If required, round your answer to one decimal place.

2.A company reports the following income statement and balance sheet information for the current year:

Net income$231,470Interest expense40,850Average total assets2,960,000Determine the return on total assets. If required, round the percentage to one decimal place.

%

3,,Common Stockholders'ProfitabilityAnalysis

A company reports the following:

Net income$305,000Preferred dividends12,200Average stockholders' equity2,629,310Average common stockholders' equity1,387,678Determine (a) thethe return on stockholders' equityand (b) thethe return on common stockholders' equity. If required, round your percentages to one decimal place.

a.Rate earned on stockholders' equity%b.Rate earned on common stockholders' equity%

4.Earnings per Share and Price-Earnings Ratio

A company reports the following:

Net income$721,000Preferred dividends$41,000Shares of common stock outstanding80,000Market price per share of common stock$85.85a.Determine the company'searnings per share on common stock. Round your answer to the nearest cent. Use the rounded answer of requirement a for subsequent requirement, if required.

$

b.Determine the company'sprice-earnings ratio. Round to one decimal place.