Reference no: EM132530075

Revenue (net sales)                $75,478,221

Cost of sales                         $52,227,004

Gross margin                                $23,251,217

Research & development expenses  $2,158,677

Selling, general, and admin expenses   $8,726,696

Operating income                           $12,365,844

Interest expense                              $363,000

Interest and dividend revenue              $43,533

Royalty revenue                                  $420,010

Income before income tax                     ......................... $

Taxes                                               $4,986,555

Net income                                    .....................................$

The average total assets is $36,236,065 calculate the following ratios

Question 1- ROI

Question 2- Assets turnover

Question 3- Net margin

Question 4- What is the percentage of COST OF GOODS SOLD, OPERATING INCOME, AND THE NET INCOME from the net sales