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Alurve Appliance Service had net income for the year of $27,000. In addition, the balance...

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Accounting

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Alurve Appliance Service had net income for the year of $27,000. In addition, the balance sheet reports the following balances: (Click the icon to view the balances.) Calculate the return on assets for Alurve Appliance Service for the year ending December 31, 2018. Average total assets Average total liabilities ROA % urve Appliance Servid - X i Data Table Average total liabilitie Notes Payable Cash Office Furniture Building Accounts Payable Total Owner's Equity Accounts Receivable Equipment Office Supplies Jan 1, 2018 Dec 31, 2018 $ 30,000 $ 71,000 40,000 151,800 22,000 42,000 125,000 125,000 10,000 11,500 179,800 297,700 1,200 19,000 26,000 40,000 5,600 2,400 Print Done

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