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Question 1 Selected comparative statement data for Queen Products Company are presented below. All balance sheet data are as of December 31 2017 2016 Net

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Question 1 Selected comparative statement data for Queen Products Company are presented below. All balance sheet data are as of December 31 2017 2016 Net sales Cost of goods sold Interest expense Net income Accounts receivable Inventory Total assets Total common stockholders' equity $764,500 $723,000 438,000 5,700 40,000 106,000 76,300 504,300 322,100 477,500 7,500 54,000 120,000 80,300 575,000 426,200 Compute the following ratios for 2017. (Round answers to 1 decimal place, e.g. 1.6, or 1.6% .) Profit margin Asset turnoven times Return on assets Return on common stockholders' equity

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