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Brown Cow Inc The Current Ratio at the End of 2010 Was (Show

Question 58

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Brown Cow Inc.gathered the following year-end data (in thousands)for 2010 and 2009:
 Curent Assets 20092000200$675 Long-Tenn Arsets 960795 Curtert Liabilities 460595 Long-Term Liabilities 650785 Owners’ Equity 650475 Net Sales 1050985 Gross Margir 560575 Net Income 330310\begin{array} { l r r } \text { Curent Assets } & \frac { 2009 } { \mathbf { 2 0 0 0 } } & \frac { \mathbf { 2 0 } 0 } { \mathbf { \$ 6 7 5 } } \\\text { Long-Tenn Arsets } & 960 & 795 \\\text { Curtert Liabilities } & 460 & 595 \\\text { Long-Term Liabilities } & 650 & 785 \\\text { Owners' Equity } & 650 & 475 \\\text { Net Sales } & 1050 & 985 \\\text { Gross Margir } & 560 & 575 \\\text { Net Income } & 330 & 310\end{array} The current ratio at the end of 2010 was (show your work):
The return on assets for 2010 was (show your work):
The return on owners' equity for 2010 was (show your work):
The asset turnover ratio for 2010 was (show your work):
The gross margin percentage for 2010 was (show your work):

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