Question: Below is selected information for the years ended December 3 1 , 2 0 2 4 and December 3 1 , 2 0 2 3
Below is selected information for the years ended December and December $ thousands Selected Selected Dec. Dec. Information Information Noncash assets Cash inflow from investing activities $ Cash $ Total liabilities Revenue Total stockholders equity Cash inflow from operating activities Cash outflow from financing activities Total assets Cost of goods sold Total expenses other than cost of goods sold and income tax expense Income tax expense Required Prepare the income statement for the year ended December Prepare the balance sheet as of December Compute ROA for Calculate the DuPont Decomposition for the ROA for Compute ROE for Calculate the DuPont Decomposition for the ROE for Explain why ROA is different than ROE.
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