The inferior end of the spinal cord is called the filum term…

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The inferiоr end оf the spinаl cоrd is cаlled the filum terminаle

The fоllоwing bаlаnce sheets аnd incоme statements are for Net Devices Inc., a manufacturer of small electronic devices, including calculators, personal digital assistants and mp3 players. For purposes of these questions assume that the company has an effective tax rate of 35%. BALANCE SHEETS  ASSETS ($ in thousands)       Fiscal year end 2023 2022 2021 Cash $   875,650 $   571,250 $   154,230 Marketable securities 6,560 0 0 Receivables 771,580 775,250 902,000 Inventories 1,320,150 1,254,600 1,418,500 Other current assets      249,000      231,200      229,900 Total current assets 3,222,940 2,832,300 2,704,630 Property, plant & equipment 1,118,750 1,100,300 1,122,400 Intangibles 263,050 241,000 215,600 Deposits & other assets      184,500      168,250      168,900 Total assets $4,789,240 $4,341,850 $4,211,530   LIABILITIES ($ in thousands)       Fiscal year end 2023 2022 2021 Accounts payable $1,178,540 $1,061,100 $1,138,250 Current long term debt 18,100 316,500 150,900 Accrued expenses 664,100 615,900 585,400 Income taxes payable 138,900 108,400 38,200 Other current liabilities                 0                 0                 0 Total current liabilities 1,999,640 2,101,900 1,912,750 Long term debt 478,250 378,400 599,630 Other long term liabilities        13,350                 0                 0 Total liabilities 2,491,240 2,480,300 2,512,380 Preferred stock 850,000 850,000 550,000 Common stock net 4,000 3,950 3,800 Additional Paid-in Capital 869,000 758,000 689,500 Retained earnings 1,430,500 1,055,000 1,245,050 Treasury stock    (855,500)    (805,400)    (789,200) Shareholders' equity   2,298,000   1,861,550   1,699,150 Total Liab. & Equity $4,789,240 $4,341,850 $4,211,530   INCOME STATEMENTS ($ in thousands)     Fiscal year end 2023 2022 Net sales $11,455,500  $11,082,100  Cost of Goods Sold    (8,026,450)    (7,940,065) Gross profit 3,429,050 3,142,035 Selling, general & admin. Exp.    (1,836,400)    (1,789,200) Income before deprec. & amort. 1,592,650 1,352,835 Depreciation & amortization (785,250) (757,250) Interest expense         (46,195)         (43,340) Income before tax 761,205 552,245 Provision for income taxes (157,725) (112,290) Minority interest                   --                    --  Net income $      603,480 $      439,955 Outstanding shares (in thousands) 308,515  303,095  Preferred Dividends (in thousands) $85,000  $85,000  Refer to the information for Net Devices Inc. above. What is Net Devices' return on common shareholder' equity for 2023?  

Net Devices Inc. The fоllоwing bаlаnce sheets аnd incоme statements are for Net Devices Inc., a manufacturer of small electronic devices, including calculators, personal digital assistants and mp3 players. For purposes of these questions assume that the company has an effective tax rate of 35%. BALANCE SHEETS  ASSETS ($ in thousands)       Fiscal year end 2023 2022 2021 Cash $   875,650 $   571,250 $   154,230 Marketable securities 6,560 0 0 Receivables 771,580 775,250 902,000 Inventories 1,320,150 1,254,600 1,418,500 Other current assets      249,000      231,200      229,900 Total current assets 3,222,940 2,832,300 2,704,630 Property, plant & equipment 1,118,750 1,100,300 1,122,400 Intangibles 263,050 241,000 215,600 Deposits & other assets      184,500      168,250      168,900 Total assets $4,789,240 $4,341,850 $4,211,530   LIABILITIES ($ in thousands)       Fiscal year end 2023 2022 2021 Accounts payable $1,178,540 $1,061,100 $1,138,250 Current long term debt 18,100 316,500 150,900 Accrued expenses 664,100 615,900 585,400 Income taxes payable 138,900 108,400 38,200 Other current liabilities                 0                 0                 0 Total current liabilities 1,999,640 2,101,900 1,912,750 Long term debt 478,250 378,400 599,630 Other long term liabilities        13,350                 0                 0 Total liabilities 2,491,240 2,480,300 2,512,380 Preferred stock 850,000 850,000 550,000 Common stock net 4,000 3,950 3,800 Additional Paid-in Capital 869,000 758,000 689,500 Retained earnings 1,430,500 1,055,000 1,245,050 Treasury stock    (855,500)    (805,400)    (789,200) Shareholders' equity   2,298,000   1,861,550   1,699,150 Total Liab. & Equity $4,789,240 $4,341,850 $4,211,530   INCOME STATEMENTS ($ in thousands)     Fiscal year end 2023 2022 Net sales $11,455,500  $11,082,100  Cost of Goods Sold    (8,026,450)    (7,940,065) Gross profit 3,429,050 3,142,035 Selling, general & admin. Exp.    (1,836,400)    (1,789,200) Income before deprec. & amort. 1,592,650 1,352,835 Depreciation & amortization (785,250) (757,250) Interest expense         (46,195)         (43,340) Income before tax 761,205 552,245 Provision for income taxes (157,725) (112,290) Minority interest                   --                    --  Net income $      603,480 $      439,955 Outstanding shares (in thousands) 308,515  303,095  Preferred Dividends (in thousands) $85,000  $85,000    Refer to the information for Net Devices Inc. above. What is the inventory turnover for Net Devices for 2023?