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help asap please Jenkins, Inc. provides the following data: Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 2025 2024 $149,000
help asap please
Jenkins, Inc. provides the following data: Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 2025 2024 $149,000 $122,000 109,000 64,000 73,000 56,000 188,000 122,000 $519,000 $364,000 Additional information for the year ending December 31, 2025: Net Credit Sales $600,000 200,000 Cost of Goods Sold Interest Expense 22,000 Net Income 290,000 Calculate the rate of return on total assets for 2025. (Round your answer to two decimal places Step by Step Solution
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