Question: Compute the Return on Assets. Net Sales 6 , 1 3 4 Cost of Goods Sold ( 4 4 3 8 ) Selling, General Admin.

Compute the Return on Assets. Net Sales 6,134 Cost of Goods Sold (4438) Selling, General Admin. Expense (996) Other Expenses (341) Interest Income 72 Interest Expense (47) Provision for Taxes (75) Other Income 245 Net Income 554 Operating Cash 3,226 Accounts Receivable 681 Inventories 20 Other Current Assets 0 Total Current Assets 3,927 Gross Prop., Plant, Equip. 729 Accumulated Depreciation (411) Book Value of Fixed Assets 318 Goodwill 0 Net Other Operating Assets 916 Total Assets 5,161 Net Current Liabilities 1,549 Long Term Debt 300 Deferred Income Taxes 208 Preferred Stock 0 Retained Earnings 0 Common Stock 3,104 Other Liabilities 0 Total Liabilities and Equity 5,161

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