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I need assistance only with numbers 2 AND 3, thank you MA-17. Measures of Performance and Financial Leverage Following are selected data from year-end financial

I need assistance only with numbers 2 AND 3, thank you

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MA-17. Measures of Performance and Financial Leverage Following are selected data from year-end financial statements of Lima Corporation for 2017 and 2016. 2017 2016 $4,420,000 $3,930,000 Total assets Interest expense Long-term liabilities 832,000 845,000 Net income Sales Stockholders equity 2,428,750 2,100,000 452,875 411,900 5,218,750 4,454,700 Round percentages to one decimal place. (Example: 0.11 567-116%) a. Compute the following performance measurement ratios for 2017. (Ignore income taxes.) 1. Asset turnover 1.25 (Round answer to two decimal places.) 2. Return on sales 8.68x6 3. Return on assets 0.1085 % 4. Return on equity 206

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