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Check my work Required information [The following information applies to the questions displayed below.] The comparative financial statements for Prince Company are below: Part 2

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Check my work Required information [The following information applies to the questions displayed below.] The comparative financial statements for Prince Company are below: Part 2 of 2 Year 2 Year 1 20 points $ 202,000 115,000 87,000 57,200 29,800 9,200 $ 20,600 $170,000 101,200 68,800 53,600 15,200 4,600 $ 10,600 8 03:22:48 Skipped Income statement: Sales revenue Cost of goods sold Gross profit Operating expenses and interest expense Pretax income Income tax Net income Balance sheet: Cash Accounts receivable (net) Inventory Property and equipment (net) Total assets Current liabilities (no interest) Long-term liabilities (10% interest) Common stock ($5 par value, 6,600 shares outstanding) Retained earnings Total liabilities and stockholders' equity eBook Print $ 5,200 14,600 41,200 46,800 $ 107,800 $ 16,600 45,600 33,000 12,600 $ 107,800 $ 7,600 18,600 36,400 39,200 $ 101,800 $ 17,600 45,600 33,000 5,600 $101,800 References 2. Compute the two components of ROA (total asset turnover and net profit margin) for Year 2. (Round your answers to 2 decimal places.) Total asset turnover Net profit margin

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