Calculate the gross profit margin, profit margin, asset turnover, return on assets, and return on equity ratios for 202 (Round answers to 1 decimal place, eg. 125 or 12.5%) Sheridan Grouper Gross Profit Margin Profit Margin Asset Turnover times times Return on Assets Return on Equity e Textbook and Media Comparative income statement data for Sheridan Inc. and Grouper Ltd., two competitors, are sho 2021. Net sales Cost of goods sold Gross profit Operating expenses Profit from operations Interest expense Profit before income tax Income tax expense Profit Sheridan $2,040,000 1,124,040 915,960 591,600 324,360 6,450 317,910 95,373 $222,537 Grouper $540,000 336,960 203,040 85,860 117,180 1,252 115,928 28,982 $86,946 Additional information: Average total assets Average total shareholders' equity $902,000 744,000 $258,563 205,808