I have #1,2,4,5,6 correct. i just need #3 and it is not 17.57

Rat Cmpaed wih ndtry Arages he cmon ck ot Co dua ane taen fom the ms onapaper mnature decde t m anl repo ec32 e y for 2013 ntsales amout to 1280.000 0ndp ed sock ddndp Calculate the following ratios for 201 3. Round answers to two decimal places 1. Return on sales 2. Return on assets 3. Return on common stockholders' equity 4. Quick ratio 5. Current ratio 6. Debt-to-equity ratio Ratios Compared with Industry Averages Because you own the common stock of Phantom Corporation, a paper manufacturer, you decide to analyze the firm's performance for the most recent year. The following data are taken from the firm's latest annual report: Dec. 31, 2013 Dec. 31, 2012 Quick assets $620,000 $572,000 Inventory and prepaid expenses Other assets 392,000 332,000 4,788,000 4,176,000 $5,040,000 Total Assets $5,760,000 Current liabilities $644,000 $560,000 10% Bonds payable 1,460,000 1,460,000 8% Preferred stock, $100 par value 480,000 480,000 Common stock, $10 par value 2,700,000 2,160,000 Retained earnings Total Liabilities and Stockholders' Equity 516,000 420,000 $5,760,000 $5,040,000 For 2013, net sales amount to $13,280,000, net income is $593,600, and preferred stock dividends paid are $40,400. Calculate the following ratios for 2013. Round answers to two decimal places. 1. Return on sales 2. Return on assets 3. Return on common stockholders' equity 4. Quick ratio 5. Current ratio 6. Debt-to-equity ratio