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Suppose you have been asked to determine the return on net worth for Great Northwest Canoe and Kayak, a small manufacturer of kayaks and canoes, located near Seattle, Wash- ington. For this task, you have been given the following information:

Categories	Values
Sales	$32,000,000
Cost of goods sold	$20,000,000
Variable expenses	$ 4,000,000
Fixed expenses	$ 6,000,000
Inventory	$ 8,000,000
Accounts receivable	$ 4,000,000
Other current assets	$ 3,000,000
Fixed assets	$ 6,000,000

What is the return on assets for Great Northwest Canoe and Kayak?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91570326

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