5 6 The following informatin is available for Ferguson Company 7 8 Annual Data 2019 2018 9 Net Sales 9,000,000 8,200,000 10 Gross profit on sales 3,050,000 2,736,000 11 Net Income 567,600 500,000 12 13 Year-End Data December 31, 2019 December 31, 2018 14 Total Assets 6,500,000 6,000,000 15 Stockholder's equity 5,000,000 3,200,000 16 17 Calculate the following ratios for 2019: 18 a. Gross profit percentage 19 b. Return on sales 20 c. Asset turnover 21 d. Return on assets 22 e Return of common stockholders' equity (Bruen Company has no preferred stock.) 23 24 25 26 27 28 29 30 30 32 133 34