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Carla Vista $1,920,000 1,102,080 Martinez $563,000 356,942 817,920 206,058 Net sales Cost of goods sold Gross profit Operating expenses Profit from operations Interest expense Profit
Carla Vista $1,920,000 1,102,080 Martinez $563,000 356,942 817,920 206,058 Net sales Cost of goods sold Gross profit Operating expenses Profit from operations Interest expense Profit before income tax 87,828 556,800 261,120 6,960 118.230 1,252 254,160 116.978 Income tax expense 76,248 29,245 Profit $177,912 $87.733 Additional information: Average total assets $894,000 $250,563 Average total shareholders' equity 751.000 212,808 Martinez Carla Vista Percent Percent Net sales 1% % Cost of goods sold % % Gross profit % % Operating expenses % % Profit from operations % %6 Interest expense % % Profit before income tax % % Income tax expense % delse Profit % Calculate the gross profit margin, profit margin, asset turnover, return on assets, and return on equity ratios for 2021 for each company. (Round answers to 1 decimal place, es. 12.5 or 12.5%) Carla Vista Martinez Gross Profit Margin % % Proht Margin % 96 Asset Turnover times times Return on Assets % %6 Return on Equity %
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