5. Suppose you h av e been as k ed to determine the return on net w orth for Great Northwest 6….
5. Suppose you have been asked to determine the return on net worth for Great Northwest
6. Canoe and Kayak, a small manufacturer of kayaks and canoes, located near Seattle, Wash- ington. For this task, you have been given the following information:
Categories
Values
Sales
$32,000,000
Cost of goods sold
$20,000,000
Variable expenses
$ 4,000,000
Fixed expenses
$ 6,000,000
Inventory
$ 8,000,000