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Selected financial data for Wilmington Corporation is presented below. WILMINGTON CORPORATION Balance Sheet Dec. 3 1 , Year 7 Dec. 3 1 , Year 6
Selected financial data for Wilmington Corporation is presented below.
WILMINGTON CORPORATION Balance Sheet Dec. Year Dec. Year Current Assets Cash and cash equivalents $ $ Marketable securities Accounts receivable net Inventories Prepaid expenses Other current assets Total Current Assets Property, plant and equipment Longterm investment Total Assets $ $ Current Liabilities Shortterm borrowings $ $ Current portion of longterm debt Accounts payable Accrued liabilities Income taxes payable Total Current Liabilities Longterm debt Deferred income taxes Total Liabilities Common stock $ $ Additional paidin capital Retained earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity $ $
Selected Income Statement Data for the year ending December Year Net sales $ Cost of goods sold Selling expenses Operating income Interest expense Earnings before income taxes Income tax expense Net income $
Selected Statement of Cash Flow Data for the year ending December Year Cash flows from operations $ Capital expenditures $
Required
What was Wilmington Corporations return on net operating assets RNOA in Year Assume a statutory tax rate of
Select one:
a
b
c
d
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