1-Presented below are data for Blossom Company

		2020			2021
Assets, January 1			$8856			$9716
Liabilities, January 1			4857			?
Stockholders' Equity, Jan. 1			?			?
Dividends			1613			1221
Common Stock			1455			1288
Stockholders' Equity, Dec. 31			?			?
Net Income			1911			1291

Stockholders' Equity at January 1, 2021 is

$5752.

$3999.

$5910.

$4297.

2=Cullumber Company gives you the following information pertaining to the year 2020.

Net sales			$847000
Cost of goods sold			490000
Current assets			498000
Current liabilities			236000
Average total assets			1118000
Total liabilities			557000
Net income			145340

The rate of return on assets Cullumber Company is:

75.76%.

17.16%.

28.71%.

13.00%