I'll rate do all short as questions if you can't do all
pass it to someone else please
1. Starlight Company had the following data
taken from its most recent financial statements:
Sales
$3,200,000
Interest expense
56,000
Net income
500,000
Total assets
4,000,000
Total liabilities
2,400,000
Total stockholders’ equity
1,600,000
Based on these data, calculate Starlight Company’s return on total
assets.
8%
12.5%
27.8%
None of these choices are correct.
b
2. Starlight Company had the following data
taken from...