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The following data was taken from the accounting records of Pina Colada Corporation: Total assets Total liabilities Preferred shares Common shares Retained earnings Additional data:

The following data was taken from the accounting records of Pina Colada Corporation: Total assets Total liabilities Preferred shares Common shares Retained earnings Additional data: Net income Interest expense Sales revenue 2024 O 18.1% $962000 $883000 271000 250000 81300 2023 306700 The return on assets for 2024 is 303000 303000 H 81300 248700 167000 35500 981000 Q Search

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