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	At December 31			2015			2014			2013
	Assets
	Cash		$	32,200		$	35,500		$	37,600
	Accounts receivable, net			86,100			63,500			49,000
	Merchandise inventory			110,500			83,600			53,000
	Prepaid expenses			10,450			9,400			5,200
	Plant assets, net			276,000			253,500			227,000
	Total assets		$	515,250		$	445,500		$	371,800
	Liabilities and Equity
	Accounts payable		$	128,400		$	75,250		$	50,400
	Long-term notes payable secured by mortgages on plant assets			98,000			98,250			81,200
	Common stock, $10 par value			163,000			163,000			163,000
	Retained earnings			125,850			109,000			77,200
	Total liabilities and equity		$	515,250		$	445,500		$	371,800

The companys income statements for the years ended December 31, 2015 and 2014, follow.

For Year Ended December 31	2015						2014
Sales				$	665,000					$	530,000
Cost of goods sold	$	405,650					$	333,900
Other operating expenses		206,150						127,200
Interest expense		11,400						12,900
Income taxes		9,400						8,750
Total costs and expenses					632,600						482,750
Net income				$	32,400					$	47,250
Earnings per share				$	1.99					$	2.90

Evaluate the company's efficiency and profitability by computing the following for 2015 and 2014.

A)

	Profit Margin Ratio Choose Numerator: / Choose Denominator: = Profit Margin Ratio / = Profit margin ratio 2015 / = % 2014 / = %

B)

	Total Asset Turnover Choose Numerator: / Choose Denominator: = Total Asset Turnover / = Total asset turnover 2015 / = times 2014 / = times

C)

	Return On Total Assets Choose Numerator: / Choose Denominator: = Return On Total Assets / = Return on total assets 2015 / = % 2014 / = %

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