Return on Assets Daisy Company reports the following information in its financial statements. Numbers are in thousands. Current Year Prior Year Net Sales $41,300 $44,100 Net Income 12,500 16,250 Total Assets 63,900 87,400 There were 4,000 outstanding shares at December 31 of the current year. Required a. What was Daisy's return on assets for the current and previous years? (Round to one decimal point) b. Based on your answer from part a., how did the company's performance change from the previous to the current year? a. Return on Assets b. Current Year Prior Year 0% 0%1 Daisy's performance, as measured by its return on assets, increased Please answer all parts of the question. from the previous year to the current year.

Return on Assets Daisy Company reports the following information in its financial statements. Numbers are in thousands. There were 4,000 outstanding shares at December 31 of the current year. Required a. What was Daisy's return on assets for the current and previous years? (Round to one decimal point) b. Based on your answer from part a., how did the company's performance change from the previous to the currentyear? a. b. Daisy's performance, as measured by its return on assets. from the previous year to the current year. Please answer all parts of the