Brief Exercise $11-14(Algo)$ Calculate the cash return $on$ assets $(LO11-6)$

The balance sheet $of$ Cranium Gaming reports total assets $of$ $$370,000$ and $$670,000at$ the beginning and end $of$ the year,

respectively. Sales revenues are $$1\mathrm{.}40$ million, net income $is$ $$62,000,$ and operating cash flows are $$53,500$$$10\mathrm{.}1$ million should $be$ entered $as10,100,000$