2 Skipped The income statement for a company reports net sales of $291,100 and net income of $38,340. Average total assets for the year are $710,000. Stockholders' equity at the beginning of the year was $410,000, and $11,000 was paid to stockholders as dividends during the year. There were no other stockholders' equity transactions that occurred during the year. Required: Calculate the return on assets, profit margin, asset turnover, and return on equity ratios. (Round your answers to 1 decimal place.) Profitability Ratios Return on assets % Profit margin % eBook Asset turnover times Return on equity %