Intro Use the following information to answer the questions: Assets Cash Marketable securities Accounts receivable 12,000 2,000 4,000 Inventory Current assets Liabilities and Equity Accounts payable 19,000 Notes payable 6,000 Current liabilities 25,000 Long-term debt 95,000 Total liabilities 120,000 Paid-in capital 20,000 Retained earnings 27,000 Equity 47,000 Total liab. & equity 167,000 35,000 53,000 34,000 80,000 114,000 167,000 Machines Real estate Fixed assets Total assets Line item Value Sales 71,000 - Operating expenses 58,220 - Depreciation 2,000 = EBIT 10,780 - Interest 800 = Taxable income - Taxes 9,980 3,293 6,687 = Net income IB | Attempt 1/10 for 10 pts. Part 1 What is the profit margin (aka net profit margin)? 4+ decimals Submit Part 2 18 | Attempt 1/10 for 10 pts. What is the return on assets (aka return on total assets)? 4+ decimals Submit | Attempt 1/10 for 10 pts. Part 3 What is the return on equity (aka return on common equity)? 3+ decimals Submit