Question
The following selected information is for Wildhorse Corporation: 2021 2020 2019 Total assets $349,530 $275,350 $274,387 Total shareholders' equity 133,170 100,380 49,700 Net sales
The following selected information is for Wildhorse Corporation: 2021 2020 2019 Total assets $349,530 $275,350 $274,387 Total shareholders' equity 133,170 100,380 49,700 Net sales 500,400 399,960 299,970 Cost of goods sold 375,420 290,420 180,220 Profit 33,360 29.920 19.910 Calculate the gross profit margin, profit margin, asset turnover, return on assets, and return on equity ratios for 2021 and 2020. (Round answers to 1 decimal place, eg. 52.7.) 2021 Gross profit margin: Profit margin 2020 % %
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