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Consider the following information from the financial statements for Rock Inc. Last Year This Year 29,523 27.158 Accounts Receivable 35,842 31,899 Inventory Total Current Assets
Consider the following information from the financial statements for Rock Inc. Last Year This Year 29,523 27.158 Accounts Receivable 35,842 31,899 Inventory Total Current Assets Total Assets 189,391 103,779 424,679 405,720 Total Current Liabilities 28,597 24,776 Total Liabilities 331,120 264,396 Sales 411,936 Cost of Goods Sold 134,952 Operating Expenses 102,318 Calculate last year's return on equity. (enter 2 decimal places. e.g. enter.2968 as 30) Consider the following information from the financial statements for Rock Inc. Last Year This Year 29,523 27.158 Accounts Receivable 35,842 31,899 Inventory Total Current Assets Total Assets 189,391 103,779 424,679 405,720 Total Current Liabilities 28,597 24,776 Total Liabilities 331,120 264,396 Sales 411,936 Cost of Goods Sold 134,952 Operating Expenses 102,318 Calculate last year's return on equity. (enter 2 decimal places. e.g. enter.2968 as 30)
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