Question He Calculate these profitability measures for 2018. Show each computation. a. Rate of return on sales b. Asset turnover ratio. c. Rate of return on total assets. d. Leverage (equity multiplier) ratio, e. Rate of return on common stockholders' equity f. Is Evan's profitability strong, medium, or weak? Jestion. Ianore interest avance in The financial statements of Evan Corporation follow (Click the icon to view the assets section of the balance sheet.) (Click the icon to view the abilities and stockholders' equity sections of the balance sheet.) (Click the icon to view the income statement) Calculate these profitability measures for 2018. She a Rate of return on sales b. Asset turnover ratio c. Rate of return on total assets d. Leverage (equity multiplier) ratio ..Rate of return on common stockholders' equity 1. Is Evan's profitability strong. medium, or weak? a. Compute the rate of rotum on sale for 2018. (Enter currency amounts in millions as given in the question. Ignore interest expense in your analysis and entir "U" for any percent, XX%) Not income Preferred dividende Net sales - Rate of return on sales Data Qu follow: ction of the Data Table x - X bmputation and stock tatement 018. (Ente 30) (Doll Liabi 2017 9.100 4.500 Page nos Round your answer to the neares otrod divide Evan Corporation Statements of Income (Adapted) Year Ended December 31, 2018 and 2017 (Dollar amounts in millions) 2018 Not even 9,800 $ Cost of goods sold 3.330 Gross profit General and administratives 3,000 Income from operations 3.470 347 Interest Expense, not Income before income taxes 3,123 Provision for income taxes 1.251 $ 1,3025 Not income 6,470 4,000 2,900 1,700 130 1,570 250 1.120 Print Done Check fitos and stock me statement) Evan Corportion Balance Sheets (Adapted) December 31, 2018 and 2017 for 2018. (Entor 2018 Increase (Decrease) Amount Percentage 2017 Ince. Round your answer to the neares Preferred divide 1,2005 290 31.8% 910 5 70 4 (Dollar amounts in million) Assets Current assets Cash and cash equivalent Short-term vivement Receivables, et Inventions Prepaid expand others Total current Property, plant, and equipment net (60) 240 (10) 20 (4.0) 25.0 100 262 80 332 1.000 100 147 3.142 3,350 492 umber in the Increase (Decrease) Amount Percentage 2018 2017 1,200 $ 290 inces 910 $ 70 4 (Dollar amounts in millions) Assets Current assets: Cash and cash equivalents Short-term investments Receivables, net Inventories Prepaid expenses and other assets Total current assets Property, plant, and equipment, net Intangible assets 31.9 % (94.3) (4.0) 25.0 240 (66) (10) 20 (70) 250 100 80 262 332 (21.1) 1,806 1,642 164 10.0 3,350 492 14.7 3,842 1,010 800 170 20.2 840 710 90 Other assets 12.7 7,458 $ 6,542 $ 916 Total assets 14.0% Print Done $ 970 $ 880 $ 90 10.2 % (37.5) 50 80 (30) 10 9.1 120 65 110 70 (5) (7.1) 1,205 1,140 65 5.7 inces. 29.4 3,805 1,100 2,940 1,010 865 90 8.9 Accounts payable Income tax payable Short-term debt Other Total current liabilities Long-term debt Other liabilities Total liabilities Stockholders' equity: Common stock Retained earnings Accumulated other comprehensive (loss) Total stockholders' equity Total liabilities and stockholders' equity 6,110 5,090 1,020 20.0 2 2 (114) (7.0) 1,506 (160) 1,348 1,620 (170) 10 5.9 1,452 (104) (7.2) 7,458 $ 6,542 $ 916 14.0% equity. weak? 2017 Du or any zero 9,100 4,500 Evan Corporation Statements of Income (Adapted) Year Ended December 31, 2018 and 2017 (Dollar amounts in millions) 2018 Net revenues 9,800 $ Cost of goods sold 3,330 Gross profit 6,470 General and administrative expenses 3,000 Income from operations 3,470 347 Interest expense, net Income before income taxes 3,123 Provision for income taxes 1,261 Net income 1,862 $ 4,600 2,900 1.700 130 1,570 250 1,320