The following information pertains to Cheng Company. Assume that all statement of financial position amounts represent both average and ending balance figures. Assume that all sales were on credit. All amounts are in thousands except per share items. 
What is the return on assets for Cheng?
Definitions:
FOB Shipping Point
A term indicating that the buyer takes ownership of goods being shipped to them at the point of departure from the seller's shipping dock.
Invoice
A document issued by a seller to a buyer that lists the products or services provided, along with quantities, prices, and payment terms.
Net Price Method
An accounting method that records purchases at the net price, after deducting any discounts, rather than recording them at the gross price.
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