ASSETS 2018 2017	LIABILITIES 2018 2017
Cash 2,400 900.00	Total Current Liabilities 28,000 13,200
Short Term Invest. 28,000 9,000	Long-term Liabilities 13,900 10,300
Accounts Receivable 7,500 5,200	Total Liabilities 41,900 23,500
Merchandise Inventory 6,900 8,600	Stockholders Equity
Other Current Assets 8,000 1,500	Common Stock 11,000 11,000
Total Current Assets 52,800 25,200	Retained Earnings 29,900 19,700
All Other Assets 30,000 29,000	Total Equity 40,900 30,700
Total Assets $82,800 $54,200	Total Liabilities and Equity 82,800 54,200

Different learning Objective MEASURING PROFITABILITY

Objectives

A. Compute the profit margin ratio for LeBronson's Companies for 2018

B. Compute the rate of return on total assets for 2018.

C. Compute the asset turnover ratio for 2018

D. Compute the rate of return on common stockholders' equity for 2018.

E. Are these rates of return STRONG or WEAK? Explain your conclusion.

These objectives I had to draw out a table to input the numbers to write them down trying to get the figures because going back and forth on the chart and computer take to long.

Lebronson's Companies

Income statement

Years ended May 31, 2018 and 2017

	2018	2017
Net sales revenue	40,600	40,500
Cost of goods Sold	28,400	30,600
Interest Expense	600	570
All other Expenses	4,300	8,200
Net income	7,300	1,130