Xenetech Industries gathered the following selected account balance information for the years ended December 31,2010 and 2009:
Curyent Assets
Long-Term Assets
Curyent Liabilities
Long-Term Liabilities
Owners' Equity 282,000
Net Sales 439,000
Cost of Goods Sold 206,000
Net Income Calculate the following ratios for 2010:
(
A)Return on Assets
(b)Return on Owners' Equity
(c)Asset Turnover
(d)Return on Sales
(e)DuPont ROI
(f)Debt-to-Equity
Correct Answer:
Verified
[$90,000 + $368,00...
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