Using the financial statements below, calculate the company’s return on assets. Enter your answer as a percentage and round to two decimal places. If your answer is negative, include a minus side before your answer. 20X2 20X1 Cash 16,335.00 25,153.00 Accounts receivable (net) 43,748.00 57,068.00 Inventory 17,597.00 3,851.00 Plant assets (net) 40,000.00 21,500.00 Total assets 117,680.00 107,572.00 Accounts payable 16,508.00 44,759.00 Deferred revenues 53,074.00 14,040.00 Long-term note payable 8,098.00 16,773.00 Common stock ($2 par) 3,000.00 2,000.00 Additional paid in capital 37,000.00 30,000.00 Total liabilities and stockholders’ equity 117,680.00 107,572.00 Revenues 22,154.00 33,226.00 Cost of goods sold 15,508.00 23,258.00 Gross profit 6,646.00 9,968.00 Operating expenses 5,317.00 7,177.00 Income from operations 1,329.00 2,791.00 Other revenues (expenses), net (includes taxes) -1,500.00 -500.00 Net income -171.00 2,291.00 Answer: %
Which of the following is the official mascot of IRSC?
Which of the following is the official mascot of IRSC?
What is general supervision? Please give an example of when…
What is general supervision? Please give an example of when this would apply.
What is direct supervision? Please give an example of when t…
What is direct supervision? Please give an example of when this would apply.
Which professional responsibility involves speaking up for p…
Which professional responsibility involves speaking up for patients’ rights and needs?
What is direct personal supervision? Please give an example…
What is direct personal supervision? Please give an example of when this would apply.
Which of the following best describes the ethical principle…
Which of the following best describes the ethical principle of autonomy in healthcare?
You notice a fellow PTA is having a conversation with a pati…
You notice a fellow PTA is having a conversation with a patient about the progress of another patient. You bring it up with the PTA later and they say it’s okay because they’re siblings. Even though the PTA says it’s harmless, you know there’s nothing on their medical record saying they have released their information to each other. What type of ethical issue is this?
An accusation of assault or battery can be dealt with as cri…
An accusation of assault or battery can be dealt with as criminal, criminal, or both.
Where can all SEC filings be accessed in real time?
Where can all SEC filings be accessed in real time?