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The following amounts were taken from the financial statements of Bonita Company: Total assets Net sales Gross profit Net income Weighted average number of common

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The following amounts were taken from the financial statements of Bonita Company: Total assets Net sales Gross profit Net income Weighted average number of common shares outstanding Market price of common stock 2017 $760000 650000 355000 113100 2016 $800000 600000 290000 121000 97000 97000 $33 $39 The return on assets for 2017 is 14.1%. 14.9% 15.0%. O 14.5%

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