The following is information for York Corporation: Net sales revenue $1,200,000 Other expenses $600,000 Total liabilities $800,000 Shareholders' equity $1,200,000 Average Inventory $75,000 Cost of Goods Sold $450,000 (a) Based on the above information, prepare a analysis by computing the following: York Corporation Industry Average Net Income Margin ? 10.0% Return on Equity ? 20.0% Gross Profit Margin ? 55.0% Return on Assets ? 15.0% Debt-to-Assets Ratio ? 25.0% Inventory Turnover ? 5.90

For return on assets, return on equity use one year value as only year available.