Alma Appliance Service had net income for the year of $ 36,400. In addition, the balance sheet reports the following balances:

Alma Appliance Service had net income for the year of $38,400. In addition, the balance sheet reports the following balances: (Click the loon to view the balances.) Calculate the return on assets (ROA) for Alma Appliance Service the year ending December 31, 2018. ROA 26 i Data Table 50.000 Notes Payable Cash Office Furniture Building Accounts Payable Total Stockholders' Equity Accounts Receivable Equipment Office Supplies Jan 1, 2018 Dec 31, 2018 $ 38,000 S 37,000 29,200 22,000 55,000 165,00 165.000 B.00 9.500 206,100 250, 100 1,400 19.600 19,000 40,000 6,000 800 Print Done