Question: Daniel electronics registered accelerated increases in its net income from 437500 in 2018 to 1260000 in 2-19. Rate of return on current assets increased from

Daniel electronics registered accelerated increases in its net income from 437500 in 2018 to 1260000 in 2-19. Rate of return on current assets increased from 25% in 2018 to 30% in 2019. Current asset turnover went down to 2.25 turnover in 2019 from 2:45 turnover in 2018. Cost of goods sold and operating expenses in 2019 amounted to:

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