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need help with D , its not 11.4 either Question 10 Partially correct Mark 6.40 out of 8.00 P Flag question Ratios Analyzing Firm Profitability

need help with D , its not 11.4 either image text in transcribed
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Question 10 Partially correct Mark 6.40 out of 8.00 P Flag question Ratios Analyzing Firm Profitability The following information is available for Virginia Company: Annual Data 2019 2018 Sales revenue $6,600,000 $6,000,000 Cost of goods sold 4,006,400 3,800,000 Net income 325,000 264,000 Dec. 31, 2019 Dec 31, 2018 Year-End Data Total assets Common stockholders' equity $2.850,000 $2,500,000 1,700,000 1.900.000 Calculate the following ratios for 2019: Note: Round answers to one decimal place unless otherwise noted. a. Gross profit percentage 39.3 06 6. Return on sales 49 Type here to search . Return to course Calculate the following ratios for 2019: Note: Round answers to one decimal place, unless otherwise noted a. Gross profit percentage 39.3 96 b. Return on sales 4.9 % C. Asset turnover (Round answer to two decimal places.) 2.47 d. Return on assets 1.14 X 96 e. Return on common stockholders' equity (Virginia Company declare 16.9 % Check You have correctly selected Type here to search

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