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Network Communications has total assets of $2,080,000 and current assets of $684,000. It turns over its fixed assets three times a year. It has $312,000

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Network Communications has total assets of $2,080,000 and current assets of $684,000. It turns over its fixed assets three times a year. It has $312,000 of debt. Its return on sales is 6 percent What is its return on stockholders' equity? (Do not round Intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Return on stockholders' equity Polly Esther Dress Shops Inc. can open a new store that will do an annual sales volume of $720,000. It will turn over its assets 1.5 times per year . The profit margin on sales will be 15 percent. What would net income and return on assets (investment) be for the year? (Input your return on assets answer as a percent rounded to 2 decimal places.) Net income Return on assets 96

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