Refer to the financial statements for Sports Haven Company for the year-ended December 31, 2003 (shown in the review problem for this chapter, pp. 176-177). 1. Using the DuPont framework, compute:

a. The profit margin

b. The asset turnover

c. The assets-to-equity ratio

d. The overall return on equity 2. Prepare a common-size income statement. 3, Interpretive Question: What is the value of common-size financial statements?