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5. Selected operating data for two divisions of Ashley Company is given below: NORTH SOUTH Sales 720,000 600,000 Total Assets 360,000 200,000 Fixed Assets 140,000

5. Selected operating data for two divisions of Ashley Company is given below:

NORTH SOUTH

Sales 720,000 600,000

Total Assets 360,000 200,000

Fixed Assets 140,000 150,000

Total Liabilities 120,000 140,000

Long-Term Liabilities 80,000 20,000

Net income 72,000 48,000

Calculate ROA, ROE, Profit Margin and Fixed Assets Turnover for both the North and South divisions.

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