Question: answer the question for 1 and 2 The balance sheets for Plasma Screens Corporation and additional information are provided below. Additional information for 2024 :

answer the question for 1 and 2

The balance sheets for Plasma Screens Corporation and additional information are provided below. Additional information for 2024 : 1. Net income is $184,000. 2. Sales on account are $1,890,000. (All sales are credit sales) 3. Cost of goods sold is $1,394,250. Required: 1. Calculate the following profitability ratios for 2024 : 2. When we compare two companies, can one have a higher return on assets while the other has a higher return on e Complete this question by entering your answers in the tabs below. Calculate the following profitability ratios for 2024 : (Round your answers to 1 decimal place.) The balance sheets for Plasma Screens Corporation and additional information are provided below. Adodsonal intormanon ror U

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