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Business, 02.12.2019 19:31 samarkanduzbek

Saunders, inc., recently reported the following december 31 amounts in its financial statements (dollars in thousands): current year prior year gross profit $ 270 $ 190 net income 100 50 total assets 1,140 1,080 total shareholders’ equity 880 680 1-a. compute return on assets for the current year. what does this ratio measure? (enter your answer as a percentage rounded to 1 decimal place (i. e., 0.123 should be entered as 12.

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