The finance department at Snoopy Supermarket Inc. is trying to estimate some financial ratios. The...
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Finance
The finance department at Snoopy Supermarket Inc. is trying to estimate some financial ratios. The firm is asking for your help and has provided the information shown below. Rounding your answer to two decimals, what is Snoopy's Snoopy Supermarket's Return on Assets (ROA)? Enter your answer as a full percentage number, for example, if you want to answer 23.58% you must enter 23.58
Revenue
$13,036,571
Accounts Receivable
$578,308
Interest Expense
$221,812
Total Operating Expense
$2,173,288
Current Liabilities
$562,142
Total Assets
$47,248,435
Cost of Goods Sold
$6,168,612
Tax rate
33.5%
Common Stock Dividends
$10
Shares Outstanding
1,750,605
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