The finance department at Snoopy Supermarket Inc. is trying to estimate some financial ratios. The firm is asking for your help and has provided the information shown below. Rounding your answer to two decimals, what is Snoopy's Snoopy Supermarket'sReturn on Assets (ROA)? Enter your answer as a full percentage number, for example, if you want to answer 23.58% you must enter 23.58

Revenue	$17,836,690
Accounts Receivable	$765,168
Interest Expense	$124,911
Total Operating Expense	$3,121,463
Current Liabilities	$598,376
Total Assets	$42,644,955
Cost of Goods Sold	$6,765,147
Tax rate	27.0%
Common Stock Dividends	$766,926
Shares Outstanding	1,666,205

Answer rating: 100% (QA)

To calculate Return on Assets ROA you can use the formula ROA Net IncomeT... View the full answer