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Time Left:0:54:40 Mikayla Meeks: Attempt 1 Previous Page Next Page Page 21 of 43 Question 21 (2.5 points) Data from the financial statements of Crafty
Time Left:0:54:40 Mikayla Meeks: Attempt 1 Previous Page Next Page Page 21 of 43 Question 21 (2.5 points) Data from the financial statements of Crafty Crafts and Hobbies, Inc. are presented below (in millions): Crafty Crafts Hobbies, Inc. Total liabilities, 2016 $31.957 $25.461 Total liabilities, 2015 36.104 30,046 Total assets, 2016 46.186 32,872 Total assets, 2015 46,514 35,208 Revenue, 2016 161,466 81.702 Net income. 2016 1,040 1.953 To the nearest hundredth of a percent, what is the return on sales ratio 2016 for Hobbies, Inc.? 2.90% 2.39% 2.16% Not enough information is provided Previous Page Next Page Page 21 of 43
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