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The following selected information is for Marshall Corporation: 2021 2020 2019 Total assets $359.000 $285.000 $275,000 Total shareholders' equity 132,500 101.500 53,000 Sales 501,000 393,000

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The following selected information is for Marshall Corporation: 2021 2020 2019 Total assets $359.000 $285.000 $275,000 Total shareholders' equity 132,500 101.500 53,000 Sales 501,000 393,000 288.000 365.229 Cost of goods sold 291999 188,000 32.565 30.654 20,400 Net income Marshall had no preferred shares. Calculate the gross profit margin, profit margin, asset turnover, return on assets, and return on common shareholders' equity ratios for 2021 and 2020. (Round gross profit margin, profit margin, retum on assets and return on equlty to 1 decimal place es 26. Round asset turnover to 2 decimal places es. 6.21) 2021 2020 Gross profit margin 27.1 25.7 % Profit margin 6.5 % 78 96 139 times Asset turnover 137 times 9.07 % 107 % Return on assets 245 96 302 96 Return on common shareholders equity and Media

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