Use this balance sheet and income statement for the first year of operations for Layton Novelties,Inc.to answer the following question.Use ending balances whenever average balances are required for computing ratios. 
The return on assets for Layton Novelties is
Definitions:
Estrogen
A group of steroid hormones that play a crucial role in the development and regulation of female reproductive and sexual functions.
Socioeconomic Class
A grouping of individuals based on economic, social, and occupational characteristics, influencing their access to resources and power.
Prevalence
The fraction of individuals in a population diagnosed with a disease or condition at a certain point in time.
Schizophrenia
A chronic brain disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior.
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