Sydney Group reports a net income of $50,000 for 2019. At the beginning of 2019, Sydney Group had $230,000 in assets. By the end of 2019, assets had grown to $320,000. What is Sydney Group's 2019 return on assets? Accounting

Jones Corp. had a total asset turnover of 4.0 in 2019 and had sales of $10.0 million. If the corresponding statement of financial position or balance sheet reported shareholders’ equity of $1.4 million, what were the total liabilities for Jones Corp.?

Condensed financial data of Novak Company for 2020 and 2019 are presented below. NOVAK COMPANYCOMPARATIVE BALANCE SHEETAS OF DECEMBER 31, 2020 AND 2019     2020   2019 Cash   $1,830     $1,180   Receivables   1,710     1,320   Inventory   1,590     1,920   Plant assets   1,890     1,710   Accumulated depreciation   (1,220 )   (1,190 ) Long-term investments (held-to-maturity)   1,320     1,440       $7,120     $6,380                 Accounts payable   $1,190     $890   Accrued liabilities   210     260   Bonds payable   1,400     1,580   Common stock   1,940     1,660   Retained earnings   2,380     1,990       $7,120     $6,380   NOVAK COMPANYINCOME STATEMENTFOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue   $6,720 Cost of goods sold   4,680 Gross margin   2,040 Selling and administrative expenses   920 Income from operations…

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Condensed financial data of Cullumber Company for 2020 and 2019 are presented below. CULLUMBER COMPANYCOMPARATIVE BALANCE SHEETAS OF DECEMBER 31, 2020 AND 2019     2020   2019 Cash   $1,790     $1,170   Receivables   1,780     1,310   Inventory   1,580     1,900   Plant assets   1,900     1,720   Accumulated depreciation   (1,180 )   (1,140 ) Long-term investments (held-to-maturity)   1,310     1,420       $7,180     $6,380                 Accounts payable   $1,220     $880   Accrued liabilities   210     240   Bonds payable   1,380     1,550   Common stock   1,930     1,660   Retained earnings   2,440     2,050       $7,180     $6,380     CULLUMBER COMPANYINCOME STATEMENTFOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue   $6,690 Cost of goods sold   4,650 Gross margin   2,040 Selling and administrative expenses   930 Income from…

Condensed financial data of Flounder Company for 2020 and 2019 are presented below. FLOUNDER COMPANYCOMPARATIVE BALANCE SHEETAS OF DECEMBER 31, 2020 AND 2019     2020   2019 Cash   $1,830     $1,140   Receivables   1,720     1,280   Inventory   1,610     1,900   Plant assets   1,870     1,690   Accumulated depreciation   (1,210 )   (1,190 ) Long-term investments (held-to-maturity)   1,270     1,410       $7,090     $6,230                 Accounts payable   $1,230     $910   Accrued liabilities   200     250   Bonds payable   1,410     1,540   Common stock   1,880     1,710   Retained earnings   2,370     1,820       $7,090     $6,230   FLOUNDER COMPANYINCOME STATEMENTFOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue   $6,880 Cost of goods sold   4,680 Gross margin   2,200 Selling and administrative expenses   930 Income from…

An abbreviated set of financial statements for Caraba's Company for 2020 and 2019 is shown below: Caraba's Company Income Statement For the Year Ended December 31, 2020 Sales $553,000 Investment income 26,000 Gain on sale of investments 3,500 $582,500 Less: Selling & administrative expenses $221,600 Depreciation expense 15,000 Interest expense 3,900 Income taxes expense 6,500 247,000 Net Income $335,500 Comparative Balance Sheets December31 2020 2019 Cash $209,000 $49,900 Accounts receivable 160,300 63,700 InvestmentS 117,000 126,100 Equipment (net) 146,200 80,400 Land 312,000 276,300 T-kal ^sssts E044 500

Condensed financial data of Sweet Company for 2020 and 2019 are presented below. SWEET COMPANYCOMPARATIVE BALANCE SHEETAS OF DECEMBER 31, 2020 AND 2019     2020   2019 Cash   $1,800     $1,130   Receivables   1,770     1,320   Inventory   1,560     1,890   Plant assets   1,900     1,700   Accumulated depreciation   (1,220 )   (1,180 ) Long-term investments (held-to-maturity)   1,300     1,430       $7,110     $6,290                 Accounts payable   $1,220     $890   Accrued liabilities   190     250   Bonds payable   1,410     1,520   Common stock   1,870     1,730   Retained earnings   2,420     1,900       $7,110     $6,290     SWEET COMPANYINCOME STATEMENTFOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue   $6,860 Cost of goods sold   4,710 Gross margin   2,150 Selling and administrative expenses   920 Income from operations…

Condensed financial data of Martinez Company for 2020 and 2019 are presented below. MARTINEZ COMPANYCOMPARATIVE BALANCE SHEETAS OF DECEMBER 31, 2020 AND 2019     2020   2019 Cash   $1,780     $1,130   Receivables   1,740     1,290   Inventory   1,610     1,870   Plant assets   1,930     1,710   Accumulated depreciation   (1,210 )   (1,150 ) Long-term investments (held-to-maturity)   1,290     1,440       $7,140     $6,290                 Accounts payable   $1,180     $900   Accrued liabilities   190     240   Bonds payable   1,410     1,590   Common stock   1,920     1,690   Retained earnings   2,440     1,870       $7,140     $6,290     MARTINEZ COMPANYINCOME STATEMENTFOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue   $6,880 Cost of goods sold   4,650 Gross margin   2,230 Selling and administrative expenses   940 Income from…

During 2019, the company reported net income of $4,212 million, interest expense of $167 million and income tax expense of $1,372 million. During 2018? Based on this information, what is the time interests earned ratio? A. 34.4 B. 34.1 C. 32.2 D. 28.4