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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 Below are select data from the Kroger Supplier, Inc. headquartered in Cincinnati Ohio. Compute the return on total assets ratio for year 2. 21.25% 37.27% 18.84% 37.12% 18.69%
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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