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Below are select data from the Kroger Supplier, Inc. headquartered in Cincinnati Ohio. Account Cash Accounts receivable Merchandise inventory Long-term assets Accounts payable Long-term liabilities
Below are select data from the Kroger Supplier, Inc. headquartered in Cincinnati Ohio. Account Cash Accounts receivable Merchandise inventory Long-term assets Accounts payable Long-term liabilities Net sales Cost of goods sold Net income 21.25% 37.27% Compute the return on total assets ratio for year 2. 18.84% 37.12% Year 2 $52,600 35,200 41,000 126,000 18.69% 63,600 75,000 690,000 321,000 48,000 Year 1 48,500 36,300 45,000 129,000 52,000 81,000 720,000 348,000 55,000
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