Question: 1.) what is the entry for the current years operating expense on a common-sized income statement? 2.) what is the current years cash balance? 3.)

1.) what is the entry for the current years operating expense on a common-sized income statement?

2.) what is the current years cash balance?

3.) what is the current years return on assets (ROA)

1 Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional paid in capital 200,000 216,660 Cash 772 772 Common Stock @par value 37,600 42,000 COGS 131,400 176,731.00 Depreciation expense 21,600 22,077.00 Interest expense 16,200 16,977.00 Inventories 111,600 115,200 Long-term debt 135,000 137,964.00 Net fixed assets 376,056.00 399,600 Notes payable 59,400 64,800 50,400 60,960.00 Operating expenses (excl. depr.) Retained earnings 122,400 136,800 Sales 255,600 337.154.00 Taxes 9,900 19,308,00

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