X Company presented the following comparative financial informat 2019 Items 1,600,000 Net sales 22,100 Other Income 1,622,100 Total Revenues Cost and expenses 740,000 Cost of sold 90,000 Research and development 600,000 General expenses 19,000 Interest 14,000 Other 1,463,000 Total expenses 159,100 Earnings before income tax 62,049 Income taxes 97,051 Earnings before no controlling interest 170,000 Operating Income 29,610 Average common share issued 211,100 Average long-term debt 811,200 Average stockholders equityCall common) 1,440,600 Average total assets 1,390,200 Average operating assets Calculate Return on investment 5.00 15633 10 700 X Company presented the following comparative financial informat 2019 Items 1,600,000 Net sales 22,100 Other Income 1,622,100 Total Revenues Cost and expenses 740,000 Cost of sold 90,000 Research and development 600,000 General expenses 19,000 Interest 14,000 Other 1,463,000 Total expenses 159,100 Earnings before income tax 62,049 Income taxes 97,051 Earnings before no controlling interest 170,000 Operating Income 29,610 Average common share issued 211,100 Average long-term debt 811,200 Average stockholders equityCall common) 1,440,600 Average total assets 1,390,200 Average operating assets Calculate Return on investment 5.00 15633 10 700