Question: Compute return on total assets for the current Year and one year ago. At December 31 Current Year Ago Assets dash 30 . 600 36.

Compute return on total assets for the current Year and one year ago.

Compute return on total assets for the current Year and one year

At December 31 Current Year Ago Assets dash 30 . 600 36. 250 3 . 200 Accounts receivable. net 600 50. 000 Merchandise inventory 110, 090 83 . 20 0 53. 060 FTepaid expenses 10, 900 350 Plant assets. net 281.090 252 , 060 227. Doo Total assets $ 521, 100 445 . 400 S 372, 260 Liabilities and Equity Accounts payable $ 50, 400 Long-term notes payable 95 1000 98 . 250 82 . 600 Common stock, $10 par value 1 63 . 000 63, 800 Retained earnings 135. 100 6, 200 Total liabilities and equity $ 521, 100 445, 400 6 872. 200 "The company's income statements for the Current Year and 1 Year Ago. follow!! For fear Ended December 31 Current Year 1 Year Ago Sales 715. 000 $ 550, 090 Cost pi goods sold 243, 309 352 . 020 Other operating expenses 221 , 6 Interest expense 12 12 . 505 Income Cax expense 9. 600 costs and expenses 505. 075 Nep income $ 28, 650 44, 925 Earnings per share For both the Current Year and 1 Year Ago, compute the following ratios

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