Question: Using the following data for Waterway Industries, compute the return on assets (rounded). Net Income $145000 Total Assets 12/31/22 2465000 Total Assets 12/31/21 1960000 Net

Using the following data for Waterway Industries, compute the return on

Using the following data for Waterway Industries, compute the return on assets (rounded). Net Income $145000 Total Assets 12/31/22 2465000 Total Assets 12/31/21 1960000 Net Sales 210000 5.9% 8.5% 6.6% 9.5%

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