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Categories Values:Sales $ 5 0 , 8 0 0 , 0 0 0 Cost of goods sold $ 2 5 , 4 0 0 ,

Categories Values:Sales $50,800,000Cost of goods sold $25,400,000Variable expenses $ 8,350,000Fixed expenses $ 8,420,000Inventory $ 6,210,000Accounts receivable $ 3,280,000Other current assets $ 4,280,000Fixed assets $24,000,000Financial leverage 1.607What is the asset turnover? ____ What is return on net worth? (Do not round intermediate calculations and round final answer to 2 decimal places)____ What is the size of total assets for the firm? (Omit $ in your answer)____ What is the Return on Assets (ROA)?(Do not round intermediate calculations. Round final answer to 2 decimal places.)____ The managers of the firm claim that the return on net worth for the firm is 61.7. If the return on assets is 22.34, then what financial leverage is required to achieve this return? (Round your answer to 2 decimal places.)____

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