NEED HELP.

Selected data from the financial statements of Italian Marble Co. and Brazil Stone Products for the year just ended fol low. Assume that for both companies dividends declared were equal in amount to net earnings during the year and therefore stockholders' equity did not change. The two companies are in the same line of business. Italian Brazil Stone Products Marble Co. Total liabilities $ 200,000 $ 100,000 Total assets 800,000 400,000 Sales (all on credit) 1,950,000 1,220,000 Average inventory 240,000 140,000 Average receivables 200,000 100,000 Gross profit as a percentage of sales 40 % 30 % Operating expenses as a percentage of sales 36 % 25 % Net income as a percentage of sales 3 Compute the net income for each company. (Omit the "$" sign in your response.) Italian Marble Co. Net income Brazil Stone Products ($1950000 . 03)$ $1,220,000 . 05) % 5 % Compute the net income as a percentage of stockholder's equity for each company. (Round your answers to the nearest whole percent. Omit the "%" sign in your response.) NET INCOME (ABOVE) / TOTAL ASSETS Italian Marble Co. Net income as a percentage of stockholder's equity Brazil Stone Products % % Compute the NET SALES / accounts reAVG ACCT ceivable REC turnover for each company. (Round your answers to the nearest whole number.) Italian Marble Co. Brazil Stone Products Accounts receivable turnover times times Compute the inventory turnover for each company. (Round your answers to 1 decimal place.) (SALES X . 50) / AVERAGE INVENTORY Italian Marble Co. Inventory turnover check my workeBook Linkreferences Brazil Stone Products times times