What is the current year's return on assets (ROA)?

#3 Category Prior Year Current Year answered + Accounts payable ??? ??? incorrect Accounts receivable 320,715 397,400 Correct Answer: 6.30% Points: 0 Accruals 40,500 33,750 Additional paid in capital 500,000 541,650 More Details Cash 17,500 47,500 Retake Common Stock 94,000 105,000 Attempts Remaining: Infinity COGS 328,500 430,826.00 Current portion long-term debt 33,750 35,000 Depreciation expense 54,000 54,432.00 Interest expense 40,500 41,245.00 Inventories 279,000 288,000 Long-term debt 338,146.00 400,580.00 946,535 999,000 Net fixed assets Notes payable 148,500 162,000 Operating expenses (excl. depr.) 126,000 162,449.00 Retained earnings 306,000 342,000 Sales 639,000 845,439.00 Taxes 24,750 47,347.00 What is the current year's return on assets (ROA)? 6.89% Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))