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The following information was available for the year ended December 31,2022: Sales: $600,000 Net income: $85,600 Average total assets: $900,000 Average total stockholders equity: $400,000

The following information was available for the year ended December 31,2022:

Sales: $600,000

Net income: $85,600

Average total assets: $900,000

Average total stockholders equity: $400,000

Required:

A. Calculate margin, turnover, and ROI for the year ended December 31, 2022.

B. Calculate ROE for the year ended December 31, 2022.

(Note: round your intermediate calculations to 2 decimal places. Round your percentage answers to 2 decimal places. Round turnover to 2 decimal places.)

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