Calculate the following ratios for Year 10: Ratio a. Gross Profit Percentage b. Return on Sales (also called profit margin) c. Asset Turnover d. Return on Assets e. Return on Common Stockholders' Equity Numerator Denominator Result 170,000 350,000 49% 105,000 350,000 30% 350,000 450,000 0.78 105,000 450,000 23% 105,000 0x = % Net Sales 350,000 Operating Expenses Cost of Goods Sold 180,000 All operating and Other Busi 65,000 Balance Sheet Total Assets 450,000 Total Liabilities 320,000