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The following information pertains to the Balance Sheet of Chattanoga Corporation. Chattanoga is a small family owned company managed by Rose and Bill Angres. The

The following information pertains to the Balance Sheet of Chattanoga Corporation. Chattanoga is a small family owned company managed by Rose and Bill Angres. The company was incorporated in 2002 in Posa RIca Georgia.

ASSETS $600,000
CURRENT INVENTORY $1,000.000
OTHER SHORT TERM ASSETS $900,000
ACCOUNTS RECEIVABLE $700,000
CURRENT NOTE PAYABLE $500,000
NET PROFIT FOR THE YEAR $100,000
NOTE PAYABLE (DUE IN TWO YEARS) $3,000.000
2 YEAR CD $400,000

1. What is Chattanoga's Return on total assets for the year? 2. What is Chattanoga's Net worth? Please show your work,

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