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Supply the missing dollar amounts for the current year income statement of NexTech Company for each of the following independent cases. (Input all amounts as
Supply the missing dollar amounts for the current year income statement of NexTech Company for each of the following independent cases. (Input all amounts as positive values.) Case D Case E 500 Sales revenue Cost of goods sold Gross margin Selling expense Administrative expense Pretax income Income tax expense Net income Case A Case B Case C $ 980 $ 760 $ 540 560 320 420 135 100 110 85 205 230 30 35 125 75 410 420 240 95 360 120 170 60 30 55 Papa Joe's is one of the fastest-growing pizza delivery and carry-out restaurant chains in the country. Presented here are selected earlier years' income statement and balance sheet amounts (dollars in thousands). Net sales Net income Average shareholders' equity Average total assets Current Year 1,172,087 39,796 130,445 403, 143 Prior Year $ 1,172,087 28,735 135,536 398,728 Required: 1. Compute ROA for the current and prior years. (Round your answers to 3 decimal places.) Current Year 0.099 Prior Year 0.072 ROA 2. Would security analysts more likely increase or decrease their estimates of share value on the basis of this change? Increase O Decrease
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