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Ratios Analyzing Firm Profitability The following information is available for Buhler Company: Annual Data 2013 2012...

Ratios Analyzing Firm Profitability
The following information is available for Buhler Company:

Annual Data 2013 2012
Net sales $8,900,000 $8,300,000
Gross profit on sales 3,353,000 3,036,000
Net income 567,600 488,000
Year-End Data Dec. 31, 2013 Dec. 31, 2012
Total assets $6,800,000 $6,400,000
Stockholders' equity 3,800,000 3,200,000


Calculate the following ratios for 2013:

Round answers to one decimal place, unless otherwise noted.

a. Gross profit percentage

Answer

%

b. Return on sales

Answer%

c. Asset turnover (Round answer to two decimal places.)

Answer

d. Return on assets

Answer%

e. Return on common stockholders' equity (Buhler Company has no preferred stock.)

Answer%

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