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Assets Cash and short-term investments Accounts receivable (net) $40,000 30,000 Inventory 25,000 Property, plant, and equipment 215,000 Total Assets $310,000 Liabilities and Stockholders' Equity Current

Assets Cash and short-term investments Accounts receivable (net) $40,000 30,000 Inventory 25,000 Property, plant, and equipment 215,000 Total Assets $310,000 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity-Common $60,000 95,000 155,000 Total liabilities and stockholders' equity $310,000 Income Statement Sales Cost of goods sold Gross margin Operating expenses Net income Number of shares of common stock Market price of common stock Dividends per share Cash provided by operations What is the return on total assets for this company? $90,000 45,000 $45,000 20,000 $25,000 6,000 $40 $1.00 $40,000

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