The Following Information Was Taken from the Income Statement and Balance

Essay

The following information was taken from the income statement and balance sheet of The Mickey Company for the years 2014 and 2015: $$\begin{array} { | l | r | r | } \hline & \mathbf { 2 0 1 5 } & \mathbf { 2 0 1 4 } \\\hline \text { Sales revenues } & \mathbf { \$ 3 0 , 7 5 2 } & \mathbf { \$ 2 7 , 0 6 1 } \\\hline \text { Net income } & 2,345 & 1,267 \\\hline \text { Total assets } & 53,902 & 49,988 \\\hline \text { Total stockholders' equity } & 26,081 & 23,791 \\\hline\end{array}$$ Compute the following ratios for 2015:
A. Net profit margin
B. Asset turnover
C. and Return on assets