Problem 7-7 Sarasota Corporation and Marigold Corporation, two companies of roughly the same size, are both involved in the manufacture of shoe-tracing devices. Each company depreciates its plant assets using the straight-line approach. An investigation of their financial statements reveals the information shown below. Sarasota Corp. Marigold Corp. Net income Sales revenue Total assets (average) Plant assets (average) Intangible assets (goodwill) $ 214,400 1,072,000 3,350,000 284,000 365,100 $ 269,880 1,124,500 2,941,692 1,874,000 0 For each company, calculate these values: (Round answers to 3 decimal places, e.g. 6.250% or 17.540.) Sarasota Corp. Marigold Corp. (1) Return on assets % % 2) Profit margin % % 3) Asset turnover times times Click if you would like to Show Work for this question: Open Show Work