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What is the Return on Assets as of the end of 20x2? (hint: use EWI in the numerator) The tax rate is 21%. Use the

What is the Return on Assets as of the end of 20x2?

(hint: use EWI in the numerator) The tax rate is 21%.

Use the following information to answer the question
Plarimed Corp. Plarimed Corp.
Income Statement Balance Sheet
20X2 20X1 20X2
Revenue 8,500 Cash 200 180
Cost of Goods Sold -5,600 Accounts Receivable 1,650 1,625
Depreciation Expense -1,200 Inventory 1,900 2,000
Interest Expense -35 PPE 6,500 7,000
Income Tax Expense -350 Accumulated Dep. -2,500 -3,000
Net Income 1,315 Total Assets 7,750 7,805
Accounts Payable 850 900
Interest Payable 100 80
Notes Payable 1,500 1,700
Common Stock 2,500 2,500
Retained Earnings 2,800 2,625
Total Liabilities+Equity 7,750 7,805

Group of answer choices

.1691

.1685

.1726

.1591

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