Assets 2011 2010

Cash 69,000 22,000

A/R 82,000 66,000

Supplies 15,000. 19,000

Inventories 180,000 189,000

Land 75,000. 110,000

Equipment 260,000. 200,000

Accumulated Deprec. EQ (69,000). (42,000)

Total Assets. 612,000. 564,000

Liabilites

A/P. 34,000. 47,000

Unearned Rent. 15,000 19,000

Bonds Payable 150,000. 200,000

Stockholder's Equity

Common Stock ($1 Par Value) 214,000. 164,000

Retained Earnings 199,000 134,000

Total Liabilities and Equity 612,000 564,000

Sales. 560,000

COGS. (320,000)

Gross Profit. 240,000

General and Admin. Expense (38,000)

Selling Expense. (27,000)

Interest Expense (17,000)

Income Before Income Taxes 158,000

Income Tax Expense (35%) (55,300)

Net Income 102,700

1.Calculate the rate of return on assets (ROA) for 2011. Disaggregate ROA into the profit margin for ROA and total assets turnover components.

2.Calculate the rate of return on common stockholders' equity (ROCE) for 2011. Disaggregate ROCE into the profit margin for ROCE, total assets turnover and capital structure leverage components.

provide the formulas clearly, the figures used for substituting into the formulas, the subsequent calculations, and finally the answers