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The following selected information is for Toy Co Corporation: Toy Co had no preferred shares. (a) Calculate the gross profit margin, profit margin, asset turnover,
The following selected information is for Toy Co Corporation: Toy Co had no preferred shares. (a) 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, 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.)
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