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Griffey Junior Wear has $ 1 , 0 4 0 , 0 0 0 in assets and $ 6 4 9 , 0 0 0

Griffey Junior Wear has $1,040,000 in assets and $649,000 of total debt. It reports net income of $120,000.
a. What is its ROA (return on assets)?(Do not round intermediate calculations. Round the final answer to 1 decimal place.)
Return on assets
%
b. What is the return on shareholders equity? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
Return on equity
%
c. If the firm has an asset turnover ratio of 4.00 times, what is the profit margin? (Round the final answer to 2 decimal places.)
Profit margin
%

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