The following data was taken from the accounting records of Whispering Winds Corporation: 2024...

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Accounting

The following data was taken from the accounting records of Whispering Winds Corporation:
2024
2023
Total assets
$976000 $877000
Total liabilities
253000242000
Preferred shares
9110091100
Common shares
302000302000
Retained earnings
329900241900
Additional data:
Net income
143000
Interest expense
34700
Sales revenue
983000
The return on assets for 2024 is
Select answer from the options below
17.2%
18.3%
15.4%
16.3%

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