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Below are the balance sheet and income statement of Dion Corporation. Based on this information, Dion's return on assets (ROA) is -Select- Dion Corporation Balance
Below are the balance sheet and income statement of Dion Corporation. Based on this information, Dion's return on assets (ROA) is -Select- Dion Corporation Balance Sheet 12/31/2015 Cash Accounts receivable 450000 600000 300000 Inventory Total current assets 1,350,000 Net fixed assets 39,600,000 Total Assets 40,950,000 Current liabilities Debt 1,800,000 9,000,000 30,150,000 Equity Total Liabilities & Equity 40,950,000 Dion Corporation Income Statement For the year ended 12/31/2015 Sales 9,000,000 2,250,000 Cost of goods sold Gross profit 6,750,000 Selling general, administrative expenses 3,000,000 Depreciation 750000 EBIT Interest 3,000,000 1,080,000 384000 1,536,000 Tax (209) Netlincome
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