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ABC Corp.selected financial data 2018-2020 (in 000 s) 2020 2019 2018 Sales Revenue $118,000 $94,000 $89.000 Net Income 5,922 5,162 9,204 177,000 Total Assets 141.000

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ABC Corp.selected financial data 2018-2020 (in 000 s) 2020 2019 2018 Sales Revenue $118,000 $94,000 $89.000 Net Income 5,922 5,162 9,204 177,000 Total Assets 141.000 67.980 Total Liabilities 120,600 84,600 21,580 Total Shareholders' Equity 56,400 56,400 46,400 Using the above data calculate the following 3 ratios for ABC Corp. for 2020 and 2019: (Round answers to 1 decimal place, c.8. 15.2%) 2020 2019 % Profit margin %6 % Return on assets 56 %6 Return on equity

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