PLEASE SHOW ALL STEPS HOW THEY GOT THE ANSWER, NEED FULL STEP BY STEP WITH MATH INCLUDED Don't skip any steps Question 16 0 08 0 08 points Balance Sheet for the OPUS Ltd ASSETS Current Assets Cash $30,000 Accounts receivable $20,000 Raw materials inventory $50,000 Finished goods inventory $600,000 Total current assets $700,000 Long Term Assets Equipment $2,000,000 Buildings $1,100,000 Land $400,000 Total Long term Assets $3,500,000 TOTAL ASSETS $4,200,000 LIABILITIES OWNERS' EQUITY Current Liabilities Accounts payable $10,000 Current loans $60,000 Total current liabilities $70,000 Long Term Liabilities Long term loans $900 000 TOTAL LIABILITIES $970,000 Owners' Equity Common Stock $2,130,000 Retained earnings $1,100,000 TOTAL OWNERS' EQUITY $3,230,000 TOTAL LIABILITIES AND OWNERS' EQUITY $4,200,000 What is the Return on Assets ratio for the OPUS Ltd Question options 4 67 1 67 1 00 Question 16 0 08 0 08 points Balance Sheet for the OPUS Ltd ASSETS Current Assets Cash $30,000 Accounts receivable $20,000 Raw materials inventory $50,000 Finished goods inventory $600,000 Total current assets $700,000 Long Term Assets Equipment $2,000,000 Buildings $1,100,000 Land $400,000 Total Long term Assets $3,500,000 TOTAL ASSETS $4,200,000 LIABILITIES OWNERS' EQUITY Current Liabilities Accounts payable $10,000 Current loans $60,000 Total current liabilities $70,000 Long Term Liabilities Long term loans $900 000 TOTAL LIABILITIES $970,000 Owners' Equity Common Stock $2,130,000 Retained earnings $1,100,000 TOTAL OWNERS' EQUITY $3,230,000 TOTAL LIABILITIES AND OWNERS' EQUITY $4,200,000 What is the Return on Assets ratio for the OPUS Ltd Question options 4 67 1 67 1 00

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PLEASE SHOW ALL STEPS HOW THEY GOT THE ANSWER, NEED FULL STEP BY STEP WITH MATH INCLUDED  Don't skip any steps  Question 16 0 08   0 08 points Balance Sheet for the OPUS Ltd   ASSETS Current Assets Cash $30,000 Accounts receivable $20,000 Raw materials inventory $50,000 Finished goods inventory $600,000 Total current assets $700,000 Long Term Assets Equipment $2,000,000 Buildings $1,100,000 Land $400,000 Total Long term Assets $3,500,000 TOTAL ASSETS $4,200,000 LIABILITIES   OWNERS' EQUITY Current Liabilities Accounts payable $10,000 Current loans $60,000 Total current liabilities $70,000 Long Term Liabilities Long term loans $900 000 TOTAL LIABILITIES $970,000 Owners' Equity Common Stock $2,130,000 Retained earnings $1,100,000 TOTAL OWNERS' EQUITY $3,230,000 TOTAL LIABILITIES AND OWNERS' EQUITY $4,200,000 What is the Return on Assets ratio for the OPUS Ltd   Question options  4 67  1 67  1 00  Question 16 0 08   0 08 points Balance Sheet for the OPUS Ltd   ASSETS Current Assets Cash $30,000 Accounts receivable $20,000 Raw materials inventory $50,000 Finished goods inventory $600,000 Total current assets $700,000 Long Term Assets Equipment $2,000,000 Buildings $1,100,000 Land $400,000 Total Long term Assets $3,500,000 TOTAL ASSETS $4,200,000 LIABILITIES   OWNERS' EQUITY Current Liabilities Accounts payable $10,000 Current loans $60,000 Total current liabilities $70,000 Long Term Liabilities Long term loans $900 000 TOTAL LIABILITIES $970,000 Owners' Equity Common Stock $2,130,000 Retained earnings $1,100,000 TOTAL OWNERS' EQUITY $3,230,000 TOTAL LIABILITIES AND OWNERS' EQUITY $4,200,000 What is the Return on Assets ratio for the OPUS Ltd   Question options  4 67  1 67  1 00

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