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A serious flood has destroyed a large percentage of the financial records of the Waterlog Company. You have the task of piecing together information in

A serious flood has destroyed a large percentage of the financial records of the Waterlog Company. You have the task of piecing together information in order to release a financial report. You have found the return on equity to be 17.5 percent. Sales were $1,815,000, the total debt ratio was .34, and total debt was $664,000.

What is the return on assets (ROA)? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Return on assets _________________%

XYZ, LLC

reports the following balance sheet information for 2018 and 2019.
XYZ, LLC Balance Sheets as of December 31, 2018 and 2019
2018 2019 2018 2019
Assets Liabilities and Owners Equity
Current assets Current liabilities
Cash $ 47,858 $ 60,783 Accounts payable $ 190,422 $ 198,111
Accounts receivable 61,781 82,139 Notes payable 85,520 137,088
Inventory 124,912 190,747
Total $ 275,942 $ 335,199
Total $ 234,551 $ 333,669
Long-term debt $ 238,000 $ 174,750
Owners equity
Common stock and paid-in surplus $ 217,000 $ 217,000
Accumulated retained earnings 161,656 196,348
Fixed assets
Net plant and equipment $ 658,047 $ 589,628 Total $ 378,656 $ 413,348
Total assets $ 892,598 $ 923,297 Total liabilities and owners equity $ 892,598 $ 923,297

Calculate the following financial ratios for each year

a. 2018 current ratio times
2019 current ratio times
b. 2018 Quick ratio times
2019 Quick ratio times
c. 2018 Cash ratio times
2019 Cash ratio times
d. 2018 Debt-equity ratio times
2018 Equity multiplier times
2019 Debt-equity ratio times
2019 Equity multiplier times
e 2018 Total debt ratio times
2019 Total debt ratio times

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