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Question 13 Prior year Account Current year Net sales $219.000 $125,000 $180,000 $110.000 Cost of Goods Sold $94.000 $70,000 Gross Pront Income from operations $32,000

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Question 13 Prior year Account Current year Net sales $219.000 $125,000 $180,000 $110.000 Cost of Goods Sold $94.000 $70,000 Gross Pront Income from operations $32,000 $30,000 $7.000 Interest expense $2.000 Net Income $25,000 $18,000 Also known: Total assets in the prior year were $325,500, and in the current year are $345,500. What is the current year's return on total assets? 7.8 O BOX 7.4% 10.18

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