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Hakonche inc's 2019 financial statements reported the following terms with 2018 figures given for comparison (Click the icon to view the data.) Compute Hakonche Corp's

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Hakonche inc's 2019 financial statements reported the following terms with 2018 figures given for comparison (Click the icon to view the data.) Compute Hakonche Corp's return on assets for 2019. (Round all interim calculations to the nearest whole number. Round your final answer to two decimal places.) Hakonche's rate of return on total assets for 2019 % Financial statements - 2019 2018 $ 50,000 $ 45,800 27,600 26,400 22.400 19.400 $ 50,000 $ 45,800 Balance Sheet Total assets Total liabilities Total shareholders' equity (all common) Total liabilities and equity Income Statement Net sales Cost of goods sold Gross margin Selling and administrative expenses Interest expense All other expenses.net Net Income $ 40,300 15,200 25,100 15,300 400 5,800 3.600 $ Print Done Enter your answer in the answer box and then click Check Answer All parts showing Clear

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