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The following information was taken from the income statement and balance sheet of The Mickey Company for the years 2016 and 2017: 2017 2016 Sales

The following information was taken from the income statement and balance sheet of The Mickey Company for the years 2016 and 2017:

2017

2016

Sales revenues

$30,752

$27,061

Net income

2,345

1,267

Total assets

53,902

49,988

Total stockholders equity

26,081

23,791

Requirements: Compute the following ratios for 2017: A. Net profit margin B. Total asset turnover C. Return on assets

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