Question: Hello I need help on this homework question please? The question is asking for current year's return on assets (ROA)? sepub. Category Prior Year Current

Hello I need help on this homework question please? The question

Hello I need help on this homework question please? The question is asking for current year's return on assets (ROA)?

sepub. Category Prior Year Current Year ??? ??? Accounts payable 320,715 397,400 Accounts receivable Accruals 40,500 33,750 500,000 541,650 Additional paid in capital Cash 17,500 47,500 94,000 105,000 Common Stock COGS 328,500 431,917.00 Current portion long-term debt 33,750 35,000 Depreciation expense 54,000 54,798.00 Interest expense 40,500 41,860.00 Inventories 279,000 288,000 Long-term debt 337,509.00 400,767.00 Net fixed assets 946,535 999,000 Notes payable 148,500 162,000 Operating expenses (excl. depr.) 126,000 161,101.00 Retained earnings 306,000 342,000 Sales 639,000 851,692.00 Taxes 24,750 48.177.00

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