Twin Lakes, Inc Compute the Following for the 2015:
A

Essay

Twin Lakes, Inc. reported the following December 31 amounts in its financial statements: $$\begin{array} { | l | r | r | } \hline & \mathbf { 2 0 1 5 } & \mathbf { 2 0 1 4 } \\\hline \text { Sales revenue } & \mathbf { \$ 2 5 0 . 0 } & \mathbf { \$ 2 1 0 . 0 } \\\hline \text { Gross profit } & 75.0 & 68.0 \\\hline \text { Net income } & 28.0 & 21.0 \\\hline \text { Total assets } & 90.0 & 80.0 \\\hline \text { Total stockholders' equity } & 40.0 & 36.0 \\\hline\end{array}$$ Compute the following for the 2015:
A. Gross profit percentage
B. Net profit margin
C. Asset turnover
D. Return on assets