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Use the following information to answer all accounting questions Use the following information to answer all accounting questions Category 2020 2021 Accounts payable17261120Accounts receivable28122254Accruals705800Additional paid
Use the following information to answer all accounting questions
Use the following information to answer all accounting questions
Category20202021Accounts payable17261120Accounts receivable28122254Accruals705800Additional paid in capital20002300Cash4028 Common Stock @ par value170175COGS17552056Depreciation expense99120Interest expense185271Inventories25741829Long-term debt87548245Net fixed assets831210254Notes payable750547Operating expenses (excl. depr.)7991021Retained earnings36214021Sales43385768Taxes450690Compared to the ROE in 2020, the ROE in 2021 has by Improved / 6.65\% Improved / 3.43\% Worsened / -6.65\% Worsened / -3.43\% Stayed the same / 0%
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