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5 Required information (The following information applies to the questions displayed below) Wichita, Inc. reported the following amounts on its financial statements prepared as of

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5 Required information (The following information applies to the questions displayed below) Wichita, Inc. reported the following amounts on its financial statements prepared as of the end of the current accounting period: $200,000 180 000 Expenses Net income s 20,000 s 50,000 Current assets Long- Total assets $200,000 Current liabilities Total 1liabilities Conmon stock Total equity Total liabilities and equity s 20,000 80,000 100,000 $ 40,000 60,000 100,000 $200,000 What is the company's return-on-assets ratio

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