The following information pertains to Diane Company. Assume that all balance sheet amounts represent both...
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Accounting
The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Assets Cash and shortterm investments $ Accounts receivable net Inventory Property, plant, and equipment Total assets $ Liabilities and Stockholders Equity Current liabilities $ Longterm liabilities Common stock Retained earnings Total liabilities and stockholders equity $ Income Statement Sales $ Cost of goods sold Gross profit $ Operating expenses Interest expense Net income $ Number of shares of common stock outstanding Market price per share of common stock $ Total dividends paid $ Cash provided by operations $ What is the return on total assets for Diane Company?
The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit.
Assets
Cash and shortterm investments
$
Accounts receivable net
Inventory
Property, plant, and equipment
Total assets
$
Liabilities and Stockholders Equity
Current liabilities
$
Longterm liabilities
Common stock
Retained earnings
Total liabilities and stockholders equity
$
Income Statement
Sales
$
Cost of goods sold
Gross profit
$
Operating expenses
Interest expense
Net income
$
Number of shares of common stock outstanding
Market price per share of common stock
$
Total dividends paid
$
Cash provided by operations
$
What is the return on total assets for Diane Company?
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