The following information pertains to Soho 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 Soho?
Definitions:
Agent
An individual or entity authorized to act on behalf of another (the principal) in dealings with a third party.
Owner
An individual or entity that legally possesses property, rights, or titles.
Authority
The legal power or right given to an individual or entity to act on behalf of another or make decisions within certain guidelines or scopes.
Specified Time
A clearly defined or established period within which something is supposed to happen or be completed.
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