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U Question 5 Bryant, Inc. provides the following data: Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 2017 $47,000 100,000
U Question 5 Bryant, Inc. provides the following data: Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 2017 $47,000 100,000 75,000 182,000 $404,000 2016 $25,000 62,000 50,000 120,000 $257,000 Additional information Net Credit Sales Cost of Goods Sold Interest Expense Net Income $530,000 170,000 20,000 185.000 Calculate the rate of return on total assets for 2017. (Round your answer to two decimal plac A 45.79% B 62.03% 71.98% 50.74%
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