- Accounting equation: Assets - Labilities and Owner's Equity - Current rabios current assats/current liabilities - Acla test ratio: (current asmets - inventory/current llabjities - Retum on equity: net income/total shareholder's equity - Peturn on assets: net incomertotal assets - Assets to equityi total assets/shareholder's equity - Profit marsint net incomeet sales for sales if net sales not avaibble) - Gross margine gross proht/saies - Operating proht or EEIT (Earnings Before Interest and Taxesk net income plus interest and tax - Sources of Cash (Year Over Year) Assets-Uabilities+OwnersEquity+(decrease)(increase)(increase) - Uses of Cash (Year Over Year) Assets + (increase) Liabilities - (decrease) Owner's Equity. (decreace) QUESTION Based on the Income Statement below. Milsap Company lncome Statement Year Ended December 31, 2019 wnat w Mitap Company's profit marein for the period disalayed above? 547x 39.54 43.03 Cant tell from thi ircome statement