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2 years ago

Rush company had net income of $192 million and average total assets of $1,950 million. its return on assets (roa) is?

Business

1 answer:

natima [27]2 years ago

6 0

The return on assets is 0.098.

<h3>What was its return on total assets?</h3>

The return on total assets is an example of financial ratio. It is the net income divided by total assets. It is an example of a profitability ratio. Profitability ratios measure the efficiency with which a company generates profit from its asset.

Return on assets = Net income / average total assets

$192 million / $1,950 million = 0.098

To learn more about return on total assets, please check: brainly.com/question/26513286

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