The comparative financial statements of Stargel Inc. are as follows. The market price of Stargel common stock was $119.70 on December 31, 20Y2.

Stargel Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1

Line Item Description	20Y2	20Y1
Retained earnings, January 1	$5,375,000	$4,545,000
Net income	$900,000	$925,000
Dividends:
On preferred stock	(45,000)	(45,000)
On common stock	(50,000)	(50,000)
Increase in retained earnings	$805,000	$830,000
Retained earnings, December 31	$6,180,000	$5,375,000

Stargel Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1

Line Item Description	20Y2	20Y1
Sales	$10,000,000	$9,400,000
Cost of goods sold	(5,350,000)	(4,950,000)
Gross profit	$4,650,000	$4,450,000
Selling expenses	$(2,000,000)	$(1,880,000)
Administrative expenses	(1,500,000)	(1,410,000)
Total operating expenses	$(3,500,000)	$(3,290,000)
Operating income	$1,150,000	$1,160,000
Other revenue and expense:
Other revenue	150,000	140,000
Other expense (interest)	(170,000)	(150,000)
Income before income tax expense	$1,130,000	$1,150,000
Income tax expense	(230,000)	(225,000)
Net income	$900,000	$925,000

Stargel Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1

Line Item Description	20Y2	20Y1
Assets
Current assets:
Cash	$500,000	$400,000
Marketable securities	1,010,000	1,000,000
Accounts receivable (net)	740,000	510,000
Inventories	1,190,000	950,000
Prepaid expenses	250,000	229,000
Total current assets	$3,690,000	$3,089,000
Long-term investments	2,350,000	2,300,000
Property, plant, and equipment (net)	3,740,000	3,366,000
Total assets	$9,780,000	$8,755,000
Liabilities
Current liabilities	$900,000	$880,000
Long-term liabilities:
Mortgage note payable, 10%	$200,000	$0
Bonds payable, 10%	1,500,000	1,500,000
Total long-term liabilities	$1,700,000	$1,500,000
Total liabilities	$2,600,000	$2,380,000
Stockholders' Equity
Preferred $0.90 stock, $10 par	$500,000	$500,000
Common stock, $5 par	500,000	500,000
Retained earnings	6,180,000	5,375,000
Total stockholders' equity	$7,180,000	$6,375,000
Total liabilities and stockholders' equity	$9,780,000	$8,755,000

Determine the following measures for 20Y2. Rounding to one decimal place, except dollar amounts which should be rounded to the nearest cent. Use the rounded answer of the requirement for subsequent requirements, if required. Assume 365 days a year.

Asset Turnover :

Return on Total Assets :

Return on common stockholders equity :