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During 2018, Net sales Net income Depreciation expense Beginning total assets Ending total assets Property, plant, and equipment Accumulated depreciation Corporation reported: $30,000,000 1,500,000 400,000

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During 2018, Net sales Net income Depreciation expense Beginning total assets Ending total assets Property, plant, and equipment Accumulated depreciation Corporation reported: $30,000,000 1,500,000 400,000 $12,000,000 20,000,000 8,000,000 2,000,000 Corporation's return on assets is 9.4% 12.5% 7.9% 7.5%

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