Question 29 (3.3 points) Saved Use the following information for this question (the given information is the same as in the previous question): Little Gorilla, Inc Yet 2.Income Stat is in million) Sales 39,625 Less Cost of gods sold 3.225 Less Depreciation 1.890 Earnings Before interes and taxes 2,310 Les Interest paid 850 Taxable income 1.660 Lo Taxes SMO Netcome S1029 Dividends paid 400 Addition to retained carings 5679 You You Belone Shest (Sie willion) Yel Yet Yel Year C 51,455 $260 Accounts payable 51.15052883 Account 24603975 Notes payable 2600 L lavy 1403 Total $3,750 $4,491 Total 55.320 $5,120 Long-term debe 7.000 7.600 Netfits 19.100 21.720 Come soch 8.500 5.700 Remings 20 9.099 Total liabilities Total S24.620 526,840 and Equity S420 526,840 Acre Accounts receivables What is the return on assets for Year 2? OA) 7.8% 7 B) 7.3% C) 4.4% D) 4.0% Previous Page Next Page Page 29 of 30