The income statement for Stretch-Tape Corporation reports net sales of $453,600 and net income of $56,280. Average total assets for the year are $840,000. Stockholders' equity at the beginning of the year was $540,000, and $24,000 was paid to stockholders as dividends during the year. There were no other stockholders' equity transactions that occurred during the year. Required: Calculate the return on assets, profit margin, asset turnover, and return on equity ratios. (Round your answers to 1 decimal place.) Profitability Ratios Retum on assets Profit margin Asset turnover Return on equity % % times %