Wichita, Inc. reported the following amounts on its financial statements prepared as of the end...
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Wichita, Inc. reported the following amounts on its financial statements prepared as of the end of the current accounting period: Revenues Expenses Net Income $234,000 201, 840 $ 32,160 Current Assets Long-term Assets Total Assets $ 67,000 201,000 $268,000 Current Liabilities Long-term Liabilities Total Liabilities $ 54,000 97,000 151,000 Common Stock Retained Earnings Total Equity $ 57,000 60,000 117,000 Total Liabilities and Equity $268,000 What is the company's return-on-assets ratio
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