The comparative financial statements for Prince Company are below: Compute the ratios in the DuPont model for Year 2

The comparative financial statements for Prince Company are below: Income statement: Sales revenue Cost of goods sold Gross profit Operating expenses and interest expense Pretax income Income tax Net income Balance sheet: Cash Accounts receivable (net) Inventory Property and equipment (net) Total assets Current liabilities (no interest) Long-term liabilities (10% interest) Common stock ($5 par value, 6,600 shares outstanding) Retained earnings Total liabilities and stockholders' equity Year 2 $202,000 115,000 87,000 57,200 29,800 9,200 20,600 5,200 14,600 41,200 46,800 $ 107,800 16,600 45,600 33,000 12,600 $ 107,800 Year 1 $ 170,000 101,200 68,800 53,600 15,200 4,600 10,600 7,600 18,600 36,400 39,200 $ 101,800 17,600 45,600 33,000 5,600 $ 101,800 2. Compute the ratios in the DuPont model for Year 2. (Round your answers to 2 decimal places.) Return on equity Return on assets Total asset turnover Net profit margin Financial leverage 10.20 %