presented below are select figures from the balance sheet of Edison Company for 2010 Edison Company Balance Sheet As at August 31 2018 2017 Total Assets $286,633 $203,311 Total Liabilities 119,006 69,873 Stockholders' Equity 167,627 133,438 In 2018, Edison Company had sales of $413,000 and net income of $46,500. Calculate the ratios for . indicated below. Return on Assets Asset Turnover Debt-to-Equity Debt-to-Total-Assets AP-6A LO Kingston Company sells on credit with the balance due in iny sells on credit with the balance due in 30 days. The company's DSO ratio has changed from 00 days last year to 42 days this ve 10*2 days this year. Are things getting better or worse? Explain the relationship between the sales terms and DSO. Simply Mullet Company reported the following. Sales: $1,000,000 Cost of Goods Sold: $700,000 Operating Expenses: $400,000 Income Tax Rate: 20% Calculate the gross profit margin. Differentiate between gross profit margin and gross proht