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Presented below are select figures from the balance sheet of Holmes Company for 2 0 2 3 and 2 0 2 2 . Holmes Company

Presented below are select figures from the balance sheet of Holmes Company for 2023 and 2022.
Holmes Company
Balance Sheet
As at November 30
20232022
Total Assets $283,707 $204,648
Total Liabilities $111,946 $67,736
Shareholders' Equity $171,761 $136,912
In 2023, Holmes Company had sales of $522,000 and net income of $58,100. Calculate the ratios for 2023 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): Answer
%
Asset Turnover: Answer
times
Debt-to-Equity (Decimal): Answer
0.65
Debt-to-Total-Assets (Percent): Answer
39.46
%

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