The following information provided below relates to the business of Commercial Telephones, owned and managed by Peter Lucas Cueto 7 Not yet answered 2017 2018 Sales Revenue 165,000 185,000 Marked out of 200 Total expenses 107,286 Fug question 127,286 37,714 Profit before income tax 77,714 income tax expenses (30%) Net profit Total assets 11,314 26,400 45,714 32,000 80,000 100,000 Total liabilities 45,000 55,000 85,000 Owner's equity 65,000 What is the return on assets (ROA) of the Commercial Telephones for 2018 financial year? Note: Peter Lucas (owner) is wanting to evaluate the combined affect of investing and financing decisions on the profitability of the firm. Type answer without the % eg: 37.89 ) Answer: Question 8 The following information provided below relates to the business of Commercial Telephones, owned and managed by Peter Lucas Not yet answered 2017 2018 Sales Revenue Marked out of 2.00 185,000 107,286 Flag question Total expenses Profit before income tax Income tax expenses (30%) Net profit 165,000 127,286 37,714 11,314 26,400 100,000 45,000 65,000 77,714 45,714 32,000 Total assets 80,000 Total liabilities 55,000 85,000 Owner's equity What is the return on equity (ROE) of the Commercial Telephones for 2018 financial year? (Type answer without the %eg 37.69, 2 decimal places) Answer: estion 9 we saved rked out of Monash Trading has days inventory is 46 days, with day's debtors of 56 days and days creditors of 26 days. What is Monash Trading's operating cycle? Que Flag question Select one: O a 82 days 10 O b. 128 days . 102 days Time d. 72 days Clear my choice