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What is the Return on Assets? 2016 (Thousands of Dollars, except Eaning per Share) Sales Revenue 210,000.00 cost of goods sold 125,000.00 Net inocme 8,300.00
What is the Return on Assets?
2016 (Thousands of Dollars, except Eaning per Share) | ||
Sales Revenue | 210,000.00 | |
cost of goods sold | 125,000.00 | |
Net inocme | 8,300.00 | |
Dividends | 2,600.00 | |
Earning pear share | 4.15 | |
Hi-Tech Instruments Inc | ||
Balance Sheets | ||
Thoursands of Dollars | 31-Dec-16 | 31-Dec-15 |
Assets | ||
Cash | 18,300 | 18,000 |
Accoutns receivable (net) | 46,000 | 41,000 |
Inventory | 39,500 | 43,700 |
Total Current Assets | 103,800 | 102,700 |
Plant Assets (net) | 52,600 | 50,500 |
Other assets | 15,600 | 13,800 |
Total Assets | 172,000 | 167,000 |
Liabilities and Stockholders' Equity | ||
Notes payable - banks | 6,000 | 6,000 |
Accounts Payable | 22,500 | 18,700 |
Accrued Liabilities | 16,500 | 21,000 |
Total Current Liabilities | 45,000 | 45,700 |
9% Bonds Payable | 40,000 | 40,000 |
Total Liabilities | 85,000 | 85,700 |
Commin Stock $25 par value (2,000,000 shaes) | 50,000 | 50,000 |
Retained earnings | 37,000 | 31,300 |
Total Stockholders's Equity | 87,000 | 81,300 |
Total Liabilities and Stockholders' Equity | 172,000 | 167,000 |
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