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Business, 30.10.2021 06:10 hannahponder

The following data were taken from the financial statements of The Mann Corporation. 2012 2013 Net sales $1,600,000 $2,620,000 Net income 103,000 223,000 Total assets 558,659 894,309 Shareholders' equity 333,030 401,622 Required Calculate the following ratios for 2012 and 2013: 2012 2013 a. Return on equity (round to one decimal place) Answer % Answer % b. Return on assets (round to one decimal place) Answer % Answer % c. Return on sales (round to one decimal place) Answer % Answer % d. Total assets to shareholders' equity (financial leverage) (round to two decimal places) Answer Answer e. Asset turnover (round to two decimal places) Answer Answer

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