Calculation of Ratios
Vulture Ltd Instructions
for 2020, Calculate the Following Ratios to Two Decimals

Calculation of ratios
Vulture Ltd. provides the following selected information for the calendar years 2020 and 2019:
$\begin{array}{c}\begin{array}{lll}\\ \text {Net revenue}\\ \text {Net income}\\ \text {Accounts receivable}\\ \text {Inventory}\\ \text {Total assets}\\ \text {Total liabilities.}\end{array}\begin{array}{r}\underline{2020} \\\$ 320,000 \\75,000 \\33,000 \\61,000 \\210,000 \\84,000 \end{array}\begin{array}{r}\underline{2019} \\\\\\\$ 26,000 \\55,000 \\176,000 \\74,000\end{array}\end{array}$
Instructions
For 2020, calculate the following ratios to two decimals:
a) Asset turnover ratio
b) Profit margin ratio
c) Rate of return on assets