Excerpts from Andre Company's December 31, 2024 and 2023, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income Multiple Choice 2024 2023 $40,000 $36,000 28,000 35,000 190,000 186,000 114,000 108,000 425,000 405,000 225,000 28,000 What is the return on assets for 2024? (Round your answer to one decimal place.) Hint: Return on Assets = Net Income / Average Total Assets 44.7% 240,000 32,500

Excerpts from Andre Company's December 31, 2024 and 2023 , firtanclal statements are presented below. What is the retum on assets for 2024 ? (Round your onswer to one decimal place.) Hint Return on Assets = Net income/ Average Rotal Assets Mulipie chacion 44