Find Financial Leverage (I got1.20 and 1.45, but it still wrong)

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The following information applies to the questions displayed below The comparative financial statements for Prince Company are below Year 2 Year 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 recelvable (net) Inventory Property and equipment (net) Total assets $190,000 112,000 78,000 56,000 22,000 8,000 $ 14,000 $167000 100,000 67,000 53,000 14,000 4,000 $ 10,000 $4,000 14,000 40,000 45,000 $103,000 $ 16,000 45,000 30,000 2,000 $103,000 $ 7,000 18,000 34,000 38,000 $17,000 45,000 30,000 5,000 $ 97000 Current llabilties (no Interest) Long-term liabilities (10% interest) Common stock ($5 par value, 6,000 shares outstanding) Retalned earnings Total liabillties and stockholders' equity 2. Compute the ratios in the DuPont model for Year 2. (Round your answers to 2 decimal places.) 36.36 Return on equity Return on assets Total asset turnover Net profit margin Financial leverage 14.001% 1.90 7.371 %