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The comparative financial statements of Automotive Solutions Inc. are as follows. The market price of Automotive Solutions Inc. common stock was $65 on December 31,

The comparative financial statements of Automotive Solutions Inc. are as follows. The market price of Automotive Solutions Inc. common stock was $65 on December 31, 20Y8.

AUTOMOTIVE SOLUTIONS INC. Comparative Income Statement For the Years Ended December 31, 20Y8 and 20Y7
20Y8 20Y7
Sales $4,623,455 $4,259,770
Cost of goods sold (1,655,640) (1,523,190)
Gross profit $2,967,815 $2,736,580
Selling expenses $(986,560) $(1,230,500)
Administrative expenses (840,405) (722,680)
Total operating expenses (1,826,965) (1,953,180)
Operating income $1,140,850 $783,400
Other revenue and expense:
Other income 60,050 50,000
Other expense (interest) (360,000) (198,400)
Income before income tax $840,900 $635,000
Income tax expense (100,900) (76,200)
Net income $740,000 $558,800
AUTOMOTIVE SOLUTIONS INC. Comparative Statement of Stockholders Equity For the Years Ended December 31, 20Y8 and 20Y7
20Y8 20Y7
Preferred Stock Common Stock Retained Earnings Preferred Stock Common Stock Retained Earnings
Balances, Jan. 1 $680,000 $780,000 $3,209,100 $680,000 $780,000 $2,728,500
Net income 740,000 558,800
Dividends:
Preferred stock (11,900) (11,900)
Common stock (66,300) (66,300)
Balances, Dec. 31 $680,000 $780,000 $3,870,900 $680,000 $780,000 $3,209,100
AUTOMOTIVE SOLUTIONS INC. Comparative Balance Sheet December 31, 20Y8 and 20Y7
Dec. 31, 20Y8 Dec. 31, 20Y7
Assets
Current assets:
Cash $1,135,180 $712,110
Temporary investments 1,718,120 1,180,070
Accounts receivable (net) 897,900 846,800
Inventories 671,600 511,000
Prepaid expenses 214,766 142,420
Total current assets $4,637,566 $3,392,400
Long-term investments 1,607,324 426,737
Property, plant, and equipment (net) 4,950,000 4,455,000
Total assets $11,194,890 $8,274,137
Liabilities
Current liabilities $1,363,990 $1,125,037
Long-term liabilities:
Mortgage note payable, 8%, due in 15 years $2,020,000 $0
Bonds payable, 8%, due in 20 years 2,480,000 2,480,000
Total long-term liabilities $4,500,000 $2,480,000
Total liabilities $5,863,990 $3,605,037
Stockholders' Equity
Preferred $0.70 stock, $40 par $680,000 $680,000
Common stock, $10 par 780,000 780,000
Retained earnings 3,870,900 3,209,100
Total stockholders' equity $5,330,900 $4,669,100
Total liabilities and stockholders' equity $11,194,890 $8,274,137

Need help calculating the following:

Determine the following measures for 20Y8. Round ratio values to one decimal place and dollar amounts to the nearest cent. For number of days' sales in receivables and number of days' sales in inventory, round intermediate calculations to the nearest whole dollar and final amounts to one decimal place. Assume there are 365 days in the year.

13. Asset turnover

14. Return on total assets %
15. Return on stockholders equity %
16. Return on common stockholders equity %

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