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Pony Express Company has $750,000 in assets and $300,000 of debt. The income for the year is $55,000. Calculate the ROA. (Round the final answer

Pony Express Company has $750,000 in assets and $300,000 of debt. The income for the year is $55,000.

  1. Calculate the ROA. (Round the final answer to 2 decimal places.)

ROA %

  1. What is the return on shareholders equity? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Shareholders equity %

  1. If the asset turnover ratio is 2.2 times, what is the profit margin? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Profit margin %

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