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+ 1:28:30 The following information was drawn from the accounting records of Jones Company Net sales Net income Average total assets Average total liabilities

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+ 1:28:30 The following information was drawn from the accounting records of Jones Company Net sales Net income Average total assets Average total liabilities Average total stockholders' equity $287,719 82,088 740,000 460,000 280,000 Based on this information the company's return on equity is Note: Round the percentage to 1 decimal place. Multiple Choice The answer cannot be determined from the information provided O 28.5% 11.1%

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