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The following selected information is for Marx Corporation 2018 2017 2016 Total assesholders eauity20002780001900 $352,000 $267,000 $285,000 Total shareholders' eqity 135,000 Net sales Cost of

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The following selected information is for Marx Corporation 2018 2017 2016 Total assesholders eauity20002780001900 $352,000 $267,000 $285,000 Total shareholders' eqity 135,000 Net sales Cost of goods sold Net income 54,500 97.500 492,000 404,000 307,000 369,000 278,000 191,000 30,000 34,000 19,300 Marx had no preferred shares. Calculate the gross profit margin, profit margin, asset turnover, return on assets, and return on common shareholders' equity ratios for 2018 and 2017. (Round gross profit margin, profit margin, return on assets and return on equity to 1 decimal place e.g. 2.6. Round asset turnover to 2 decimal places e.g. 6.21.,) 2018 2017 Gross profit margin Profit margin times times Asset turnover Return on assets Return on common shareholders equity eTextbook and Media

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