The return on total assets for Dana Dairy Products for 2019 was ________. (See Table 3.2))

a.

5.5 por ciento (percent)

b.

0.9 por ciento ( percent )

c.

25 por ciento ( percent )

d.

2.5 por ciento (percent)

30 days 4x 1.0 impartidas. (Use the included information to answer the following questions) Table 3.2 Dana Dairy Products Key Ratios Industry Actual Actual Average 2018 2019 Current ratio 13 10 Quick ratio 0.8 0.75 Average collection period 23 days Inventory turnover 21.7 19 Debt ratio 64.7% 50% Times interest earned 55 Gross profit margin 136% 12.0% Net profit margin 0.5% Retum on total assets 2.9% 20% Return on equity 8.2% 4.0% Income Statement Dana Dairy Products For the Year Ended December 31, 2019 Sales reven STORIO Lese Cost of goods sold KAKO Gross profits $13KO Less Operating expenses 11 O Operating profits $ 2.000 Less Interest expense 10 Net profits before taxes $ 1.500 Lese Taxes (40%) 00 Net profits after taxes 900 Balance Sheet Dana Dairy Products December 31, 2019 100 8.900 4.19 $14.230 21.710 SKORO Cash Accounts receivable Inventories Total current amets Gross fixed awets $35,000 Les Accumulated depreciation 13210 Net fixed assets Total assets Liabilities & Stockholders' Equity Accounts payable Accruals Total current liabilities Long-term debt Total tilities Common stock Retained camings Total stockholders' equity Total liabilities & stockholders equity $ 9,0 $15,675 4.125 $19.00 1,400 15200 $16.200 $16.ANDO