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Multiple Choice Question 132 The following amounts were taken from the financial statements of Leaf Company: Total assets 2020 $800000 720000 352000 126000 2019 $880000

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Multiple Choice Question 132 The following amounts were taken from the financial statements of Leaf Company: Total assets 2020 $800000 720000 352000 126000 2019 $880000 650000 320000 117000 Net sales Gross profit Net income Weighted average number of common shares outstanding Market price of common stock 90000 90000 $35 $39 The return on assets for 2020 is 15.0%. 14.5% 14.3%. 15.8%

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