1. Average assets= 100 sales =70 , net income=8, gross profit=10. Find return on assets.
2. Sales=300, gross profit=90, net income=60. Find return on sales
3. Operating income=200, tax expense= 40, interest expense=50. Find times interest earned
4. Base year is 2017

2017 sales= 5,000

2018 sales= 4700

2019 sales= 4,900

2020 sales 5500.

Find the Index # for 2020