Business
Business, 01.10.2019 16:30, lilrider777

Apollo corp. reported the following balance sheet: cash $28,000 accounts payable $5,000 accounts receivable 15,000 notes payable 12,000 inventory 45,000 accruals 17,000 net fixed assets 122,000 longminusterms debt 45,000common stock 10,000retained earnings 121,000 total assets $210,000 total liab. & equity $210,000 apollo has sales of $600,000 and net income of $50,000. apollo's return on equity is

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