Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 9 - Reporting and Analyzing Long-Lived Assets - Questions: 22

Answer

Net Income

Work Step by Step

Return on Assets ratio = --------------- X100 Average total assets 854 Return on Assets ratio = -------------- X100 3,095 = 25.59%
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