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Ratios Analyzing Firm Profitability The following information is available for Buhler Company: Annual Data 2020 2019 Net sales $15,050,000 $14,350,000 Gross profit on sales
Ratios Analyzing Firm Profitability The following information is available for Buhler Company: Annual Data 2020 2019 Net sales $15,050,000 $14,350,000 Gross profit on sales 5,490,000 4,924,800 Net income 908,160 780,800 Year-End Data Dec. 31, 2020 Dec. 31, 2019 Total assets $8,125,000 $7,500,000 Stockholders' equity 7,200,000 5,760,000 Buhler Company has no preferred stock. Calculate the following ratios for 2020: (Round ratios to one decimal.) a. Gross profit percentage 0 % b. Profit margin percentage 0 % c. Asset turnover 0 d. Return on assets e. Return on common stockholders' equity 0 %
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