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Could you please sovle for Return on investment? The others answers are correct. Thank you!...

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Accounting

imageimageCould you please sovle for Return on investment?

The others answers are correct.

Thank you!

Financial data for Redstone Company for last year appear below: Redstone Company Statements of Financial Position Beginning Balance Ending Balance Assets: Cash Accounts receivable Inventory Plant and equipment (net) Investment in Balsam Company Land (undeveloped) $ 303,000 $ 337,392 217,000 238,000 407,000 308,000 280,000 169,000 242,000 481,000 256,000 280,000 Total assets $1,731,000 $1,787,392 Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity $ 171,000 $ 188,000 810,000 789,392 810,000 750,000 Total liabilities and owners' equity $1,731,000 $1,787,392

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