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Presented below are select figures from the balance sheet of Newton Company for 2020 and 2019. Newton Company Balance Sheet As at March 31 2020

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Presented below are select figures from the balance sheet of Newton Company for 2020 and 2019. Newton Company Balance Sheet As at March 31 2020 2019 Total Assets $288,118 $203,482 Total Liabilities $116,914 $68,940 Shareholders' Equity $171,204 $134,542 In 2020, Newton Company had sales of $481,000 and net income of $54,300. Calculate the ratios for 2020 as indicated below. Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. Return on Assets (Percent): % Asset Turnover: 1.96 times Debt-to-Equity (Decimal): 0.68 Debt-to-Total-Assets (Percent): 37.81 X %

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