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Accounts receivable. Inventory Prepaid rent Long-term assets: Investment in bonds Land Equipment Less: Accumulated depreciation. Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts

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Accounts receivable. Inventory Prepaid rent Long-term assets: Investment in bonds Land Equipment Less: Accumulated depreciation. Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable. Notes payable Stockholders' equity: Long-term liabilities: Common stock Retained earnings Total liabilities and stockholders' equity 61,000 136,000 6,120 Ch 76,500 126,500 82,000 106,000 14,100 12,100 106,000 106,000 0 301,000 211,000 241,000 301,000 271,000 211,000 (101,500) (70,500) (43,000) $1,026,100 $904,600 $757,120 $175,800 $67,000 $115,420 9,300 6,200 3,100 12,100 15,500 14,100 410,000 286,000 226,000 301,000 301,000 301,000 117,900 228,900 97,500 $1,026,100 $904,600 $757,120 2. Calculate the following profitability ratios for 2024 and 2025: (Round your answers to 1 decimal place.) Gross profit ration Return on assets Profit margin Asset turnover 2024 % 2025 % % % % % times times

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