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Selected comparative statement data for Blossom Products are presented below. All balance sheet data are as at December 31. 2021 2020 Net sales Cost of

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Selected comparative statement data for Blossom Products are presented below. All balance sheet data are as at December 31. 2021 2020 Net sales Cost of goods sold Interest expense Profit $700,000 480,000 7,000 50,000 100,000 65,000 500,000 400,000 $670,000 440,000 4,000 38,000 86,000 55,000 410,000 270,000 Accounts receivable Inventory Total assets Total shareholders' equity Calculate the following ratios for 2021. (Round answers to 1 decimal place, e.g. 52.7 or 52.7%.) 2021 (a) Gross profit margin % (b) Profit margin % (c) Asset turnover times (d) Return on assets % (e) Return on shareholders' equity %

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