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Profitability Ratios The following amounts are from Shimura Companys financial statements at the end of the current year: total assets, $426,000; total liabilities, $172,000; stockholders'

Profitability Ratios

The following amounts are from Shimura Companys financial statements at the end of the current year: total assets, $426,000; total liabilities, $172,000; stockholders' equity, $254,000;net sales, $782,000;cost of goods sold, $486,000;operating expenses, $178,000; and dividends, $40,000. During the current year, total assets increased by $75,000. Total stockholders' equity was affected only bynet incomeand dividends.

Compute the (1) profit margin, (2) asset turnover, (3) return on assets, (4) debt to equity ratio, and (5) return on equity. If required, round your answers to one decimal place.

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