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Presented below are select figures from the balance sheet of Holmes Company for 2023 and 2022. In 2023, Holmes Company had sales of $600,000 and
Presented below are select figures from the balance sheet of Holmes Company for 2023 and 2022. In 2023, Holmes Company had sales of $600,000 and net income of $46,400. 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): Asset Turnover: times Debt-to-Equity (Decimal) Debt-to-Total-Assets (Percent)
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