The following information pertains to Ortiz Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. 
What is the return on assets for Ortiz?
Definitions:
Bank Reconciliation
The process of comparing and adjusting the bank statement balance with the book balance of a company to account for differences.
Petty Cash Account
A small fund kept on hand for incidental cash expenses, maintained through a system of documenting each withdrawal and replenishment.
Fund Replenishing
The process of restoring the balance of a fund to its original level or to a desired level after it has been depleted.
Fund Shortages
A situation where the available financial resources are insufficient to cover the expected or required expenses.
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