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Just return on assets please. Ivanhoe Medical Comparative Balance Sheet As of December 31 2020 2019 Assets Current assets Cash $359,000 $417,450 Accounts receivable, net
Just return on assets please.
Ivanhoe Medical Comparative Balance Sheet As of December 31 2020 2019 Assets Current assets Cash $359,000 $417,450 Accounts receivable, net 1,014,000 776,400 Inventory 736,000 681,000 Other current assets Total current assets 2,490,350381,3502,121,850247,000 Property, plant, \& equipment, net Total assets Liabilities and Stockholders' Equity Current liabilities $3,167,000 $2,846,000 Long-term debt Total liabilities Preferred stock, $5 par value Common stock. $0.25 par value 6,869,6003,702,6005,738,6003,892,600558,95058,950 Retained earnings 104,650 103,850 Total stockholders' equity Total liabilities and stockholders' equity Ivanhoe Medical Comparative Income Statement and Statement of Retained Earnings For the Year Calculate the following profitability ratios for 2020. (Round answers to 1 decimal place, eg. 50.1\%) a. Gross margin percentage b. Return on assets 9 (3) c. Return on common stockholders' equity 1964 Step by Step Solution
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