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The following amounts were taken from the financial statements of Pina Colada Corp.: 2017 2016 Total assets Net sales Gross profit Net income Weighted average

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The following amounts were taken from the financial statements of Pina Colada Corp.: 2017 2016 Total assets Net sales Gross profit Net income Weighted average number of $816000 750000 364000 106000 89400 $1014000 661000 325000 122000 86000 common shares outstanding Market price of common stock $43 $39 The return on assets for 2017 is 6% 12%. 10%. 13%

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