The comparative financial statements prepared at December 31, 2015, for Prince Company showed the following summarized data:

Income statement: 2015 2014

Sales revenue $191,300* $167,700

Cost of goods sold 112,600 101,000

Gross profit 78,700 66,700

Operating expenses and interest expense 57,100 54,100

Pretax income 21,600 12,600

Income tax 6,300 3,150

Net income $15,300 $9,450

Balance sheet:

Cash$ 5,300 $6,600

Accounts receivable (net) 15,100 17,300

Inventory 40,800 32,900

Operational assets (net) 46,400 37,800

$107,600 $94,600

Current liabilities (no interest) $14,800 $15,800

Long-term liabilities (9% interest) 43,300 43,300

Common stock (par $5) 29,800 29,800

Retained earnings 19,700 5,700

$107,600 $94,600

*One-third was credit sales.

2. Respond to the following for 2015: (Round your answers to 1 decimal place.)

e. Compute the debt-to-equity ratio?

f. What was the return on equity?

g. What was the return on assets?

h. Compute the financial leverage percentage?