The following data are for Cosmo Corp:

Accounts Receivable	5,000
Advertising Expense	1,600
Cash	500
Cost of Goods Sold	6,000
Inventory	3,000
Plant Assets	12,000
Research Expense	2,000
Sales	20,000
Total Equity	7,500
Total Liabilities	13,000
Salaries and Wages Expense	10,000

14) Compute Asset Turnover:

a) 1.67

b) 1.11

c) 0.98

d) 2.67

e) 1.54

15) Compute Return on Equity.

a) 2.0%

b) 18.8%

c) 6.7%

d) 3.1%

e) 5.3%

16) After all costs, the company keeps roughly ____ of every $1 of sales.

a) 2.5%

b) 2.0%

c) 5.3%

d) 3.1%

e) 6.7%

Explain your answers please