compute following ratios

Given the financial statements for Jones Corporation and Smith Corporation: JONES CORPORATION Current Assets Liabilities Cash $ 20,000 Accounts payable Accounts receivable 80.000 Bonds payable (long term) Inventory 50.000 Long-Term Assets Stockholders' Equity Gross fixed assets $ 500,000 Common stock Less Accumulated depreciation 150 000 Paid in capital Net faxed assets 350 000 Retained earnings Total assets $ 500,000 Total liabilities and equity $ 100,000 80,000 $ 150,000 70,000 100.000 $ 500,000 $ $ Sales (on credit) Cost of goods sold Gross profit Selling and administrative expenset Depreciation expense Operating profit Interest expense Earnings before taxes Tax expense Net income 1,250,000 750,000 500,000 257,000 50.000 193.000 8,000 185.000 92500 92,500 $ $ "Use net fixed assets in computing fixed asset turnover. Includes $7,000 in lease payments. SMITH CORPORATION Current Assets Liabilities Cash $ 35,000 Accounts payable Marketable securities 7.500 Bonds payable (long term) Accounts receivable 70,000 Inventory 75,000 Long-Term Assets Stockholders' Equity Gross fixed assets $ 500,000 Common stock Less: Accumulated depreciation 250 000 Paid-in capital Net fixed assets 250 000 Retained earnings Total assets $ 437,500 Total liabilities and equity 75,000 210,000 $75 000 30,000 47.500 $ 437,500 "Use net fixed assets in computing fixed asset tumover SMITH CORPORATION Sales con credit) Cost of goods sold Gross profit Seting and administrative expense Doponense Operating Interest expense Eamings before taxes Tampons Tindes $7,000 in lease payments a. Compute the following anos (Use a 360-day year. Do not found intermediate calculate decimal places. Round all other answers to 2 decimal places) your profit margin return on assets, retu a percent rounded to Smith Corp Promargin Return on assessments con period