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Ratios Analyzing Firm Profitability

The following information is available for Buhler Company:

Annual Data20132012Net sales$8,900,000$8,300,000Gross profit on sales3,353,0003,036,000Net income567,600488,000

Year-End DataDec. 31, 2013Dec. 31, 2012Total assets$6,800,000$6,400,000Stockholders' equity3,800,0003,200,000

Calculate the following ratios for 2013:

Round answers to one decimal place, unless otherwise noted.

a. Gross profit percentage

Answer

%

b. Return on sales

Answer

%

c. Asset turnover (Round answer to two decimal places.)

Answer

d. Return on assets

Answer

%

e. Return on common stockholders' equity (Buhler Company has no preferred stock.)

Answer

%