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The following information pertains to Wildhorse Co. Assume that all balance sheet amounts represent both average and ending balance higures. Assume that all sales were

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The following information pertains to Wildhorse Co. Assume that all balance sheet amounts represent both average and ending balance higures. Assume that all sales were on credit. Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment Total Assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity-common Total Liabilities and Stockholders' Equity $ 65000 52000 24000 239000 $380000 $ 71000 73000 236000 $$380000 Income Statement Sales revenue Cost of goods sold Gross proht Operating expenses Net income $87000 53000 34000 17000 $ 17000 6000 520 Number of shares of common stock Market price of common stock Dividends per share on common stock Cash provided by operations $49000 What is the return on assets for this company? O 4.5% 13% O 15% O 30% e Textbook and Media Attem Search

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