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Pharoah's Nest Company had the following selected financial data for the years ended 2025, 2026, and 2027. 2027 2026 2025 Net sales $755,000 $729,000

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Pharoah's Nest Company had the following selected financial data for the years ended 2025, 2026, and 2027. 2027 2026 2025 Net sales $755,000 $729,000 $697,000 Total assets 1,089,000 Net income 1,013,000 988,000 135,145 99,144 88,000 (a) Your answer has been saved. See score details after the due date. Calculate the Asset Turnover for 2026 and 2027. (Round answers to 3 decimal places, e.g. 52.751.) Asset Turnover eTextbook and Media List of Accounts 2027 1051000 2026 1000500 Attempts: 1 of 1 used (b) Calculate the Profit Margin on Sales for 2026 and 2027. (Round answers to 2 decimal places, e.g. 52.75%.) 2027 2026 Profit Margin on Sales % % eTextbook and Media List of Accounts Save for Later Attempts: 0 of 1 used Submit Answer

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