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These account balances at December 31 relate to Sportaid, Inc: (Click the icon to view the account balances.) Sportaid's net income for the period is
These account balances at December 31 relate to Sportaid, Inc: (Click the icon to view the account balances.) Sportaid's net income for the period is $120,000 and its average common stockholders' equity is $666,850 Sportaid's return on common stockholders' equity is closest to OA. 16.9% OB. 16.7% OC. 18.0% OD. 16.8% Data table: Accounts Payable $ 51,900 Accounts Receivable 81,850 Common Stock 316,000 Treasury Stock 5,200 Bonds Payable 3.000 Paid in Capital in Excess of Par-Common 270,000 Preferred Stock, 10%, $100 Par 84,000 Retained Earnings 71,000 Notes Receivable 13.000 Print Done - X
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