Question :

What would be the following the RNOA of the subsequent company? Write your answer to the nearest 10th % for example xx.x (don't put % sign)

Cash 20,000 A/P 10,000

A/R 20,000 N/P 20,000

Marketable Securities 10,000 Unearned Revenue 20,000

Deferred Tax Assets 20,000 Current Portion of Debt 10,000

PP&E 50,000 Long-Term Debt 60,000

Intangible Assets 30,000 Shareholders' Equity 30,000

Total Assets 150,000 Total Lib and Equity 150,000

Sales Revenue 100,000

COGS 30,000

SGA 19,000

R&D Expense 10,000

Interest Revenue 1,000

Interest Expense 7,000

Tax Expense (40%) 14,000

Net Income 21,000