Question
What is the ROA for the following financial statement? NET INCOME: 11,003 20XX Assets Current Assets: Cash and cash equivalents $1,447 Receivables 976 Inventories 16,497
What is the ROA for the following financial statement?
NET INCOME: 11,003
20XX
Assets
Current Assets:
Cash and cash equivalents $1,447
Receivables 976
Inventories 16,497
Prepaid expenses and other 432
Total Current Assets 19,352
Property, Plant and Equipment, net 21,469
Property under Capital Lease, net 2,137
Other Assets and Deferred Charges 2,426
Total Assets $45,384
Liabilities and Shareholders' Equity Current Liabilities:
Total Current Liabilities $14,460
Long-Term Debt 7,191
Long-Term Obligations Under Capital Leases 2,483
Deferred Income Taxes and Other 809
Total Long-term Liabilities $10,483
Total Liabilities $24,943
Shareholders' Equity Private Common stock ($.10 par value; 2,241 issued and outstanding) $224
Capital in excess of par value 585
Retained earnings 19,632
Total Shareholders' Equity 20,441
Total Liabilities and Shareholders' Equity $45,384
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