Mxa 10.3

The following accounts and related balances of Robin Designers, Inc., as of December 31, 2018, are arranged in no particular order: (Click the icon to view the account information.) Read the requirements i Data Table ...$ 15,900 359,000 Cash .. ..... $ Accounts receivable, net Paid-in capital in excess of par-common Accrued liabilities Long-term note payable Inventory Dividends payable Retained earnings ....... Accounts payable Trademarks, net......... .. 42,000 30,000 18,000 22,000 93,000 95,000 8,000 ? 136,000 8,000 Interest expense ................ Property, plant and equipment, net Common stock, $1 par, 1,000,000 shares authorized, 115,000 shares issued Prepaid expenses Common stockholders' equity. December 31, 2017 Net income Total assets, December 31, 2017 115,000 22,000 222,000 18,000 510,000 Print Done X i Data Table Accrued liabilities 115,000 22.000 Long-term note payable Inventory Dividends payable Retained earnings Accounts payable Trademarks, net. Goodwill 22,000 93,000 95,000 8,000 ? 136,000 8,000 15,000 1,000,000 shares authorized, 115,000 shares issued Prepaid expenses Common stockholders' equity, December 31, 2017 Net income. Total assets, December 31, 2017 ........ Treasury stock, 28,000 shares at cost Net sales 222,000 18,000 510,000 32,000 750,000 Requirements 1. Prepare Robin's classified balance sheet in the account format at December 31, 2018 2. Use a DuPont Analysis to calculate rate of return on total assets and rate of return on common stockholders' equity for the year ended December 31, 2018. 3. Do these rates of return suggest strength or weakness? Give your reason. What additional information might help you make your decision? Print Done