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Ratios Compared with Industry Averages For 2 0 1 9 , net sales amount to $ 1 2 , 5 0 0 , 0 0

Ratios Compared with Industry Averages
For 2019, net sales amount to $12,500,000, net income is $550,000, and preferred stock dividends paid are $50,000.
Required
Calculate the following ratios for 2019.
Round answers to two decimal places.
Return on sales
%
Return on assets
%
Return on common stockholders' equity
%
Quick ratio
Current ratio
Debt-to-equity ratio
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