Question: Return on Assets The following financial data is from Hi-Tech Instruments' financial statemenss (thousands of dollars, except earnings per share j Sales revenue $210.000 Cost
Return on Assets The following financial data is from Hi-Tech Instruments' financial statemenss (thousands of dollars, except earnings per share j Sales revenue $210.000 Cost of goods sold 125,000 Net income 4500 Earmingp per share 5.15 Hi-Tech Instruments,nc. Balance Sheet of Dallars) Dec. 31, 2016 Dec. 31 20000 $18,000 41,000 ccount recelvable Ine 9500 otal currentse 06 300102 700 2.600 50.500 13 800 74500 $167 000 Pane (net Total asse Labilidies and Stockhalders Equity 56.000 $000 22 500 18.700 Accrued laies 5 6 8 9
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