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For questions 14 - 20 use the Cindy's Finest, Incorporated Word and Excel Documents located in the Assignments file in Files. Use average operating assets.

image text in transcribedimage text in transcribed For questions 14 - 20 use the Cindy's Finest, Incorporated Word and Excel Documents located in the Assignments file in Files. Use average operating assets. All assets on the balance sheet are operating assets. To calculate average operating assets: (total operating assets at the beginning of the year + total operating assets at the end of the year) 2 14. Cindy's Finest margin (net income after taxes) as a percentage for Year 5 was? 100% 11.15% 13.56% 45.76% For questions 14 - 20 use the Cindy's Finest, Incorporated Word and Excel Documents located in the Assignments file in Files. Use average operating assets. All assets on the balance sheet are operating assets. To calculate average operating assets: (total operating assets at the beginning of the year + total operating assets at the end of the year) 2 15. What were the average assets used by Cindy's Finest for Year 5? All assets on the balance sheet are operating assets. To calculate average operating assets: (total operating assets at the beginning of the year + total operating assets at the end of the year) 2 $5,344,250 $6,130,875 $3,300,000 $5,737,562.50

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