Please help answer g and h.

Thanks.

The comparative financial statements prepared at December 31, 2015, for Prince Company showed the following summarized data:

20152014Income statement:Sales revenue$190,000*$167,000Cost of goods sold112,000100,000Gross profit78,00067,000Operating expenses and interest expense56,00053,000Pretax income22,00014,000Income tax8,0004,000Net income$14,000$10,000Balance sheet:Cash$4,000$7,000Accounts receivable (net)14,00018,000Inventory40,00034,000Operational assets (net)45,00038,000$103,000$97,000Current liabilities (no interest)$16,000$17,000Long-term liabilities (10% interest)45,00045,000Common stock (par $5)30,00030,000Retained earnings12,0005,000$103,000$97,000*One-third was credit sales.

2.

Award:37.50 out of 50.00 points

2.Respond to the following for 2015:(Round your answers to 1 decimal place.)

g.What was the return on assets?

h.Compute the financial leverage percentage?