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.

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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