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Selected current year company information follows: Net income $ 18,053 Net sales 732,855 Total liabilities, beginning-year 103,932 Total liabilities, end-of-year 123,201 Total stockholders' equity, beginning-year

Selected current year company information follows:

Net income $ 18,053
Net sales 732,855
Total liabilities, beginning-year 103,932
Total liabilities, end-of-year 123,201
Total stockholders' equity, beginning-year 218,935
Total stockholders' equity, end-of-year 151,851

The return on total assets is: (Do not round intermediate calculations.)

Multiple Choice

  • 2.46%.

  • 2.66%.

  • 2.27%.

  • 6.04%.

  • 2.45%.

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