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Gel C Do S 97 (1.4 ww ww Vi X New Tal C Get C Sol C Gel C WH Ch Q AC FIN C

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Gel C Do S 97 (1.4 ww ww Vi X New Tal C Get C Sol C Gel C WH Ch Q AC FIN C elearn.monroecollege.edu/ultra/courses/_38692_1/outline/assessment/_2348958_1/overview/attempt/_74... Apps HP ENVY 4520 All... Imported From IE YouTube Maps 6 News M Gmail Below are the two most recent FY 12/31 balance sheets and most recent year and income statement for Orca Industries: 2019 2018 Assets: Cash Accounts Receivable Inventory Long-lived assets Less: Accumulated Total assets 10,000 6,000 8,000 12,000 (4.000) $ 32,000 6,000 1,500 10.000 11,000 (2.000 $ 26,500 Liabilities and Accounts payable Deferred revenues Long-term note payable Common stock Retained earnings Total liabilities and 5.000 1,000 10,000 12,000 4.000 32,000 5,000 2.000 10.000 6,000 3.500 26.500 Income Statement For the year ended December 31, 2019 Revenues Cost of goods sold Depreciation expense Interest expense Bad debt expense Other expense (including income taxes) Net income $ 42.000 24,000 2,000 3,000 2,000 9.000 $ 2,000 What is the Return on Average Equity (ROE) Lost saved 407:38 o e F5 F8 F9 F6 F10 F2 F3 F4 F7 F1 Esc X # * $ % & 3 4 5 8. 7

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