Answer:
19.4 %
Step-by-step explanation:
The formula for<em> return on assets</em> (ROA) is
ROA = Net income /Total assets × 100 %
Since assets vary, we use the <em>average</em> of the total assets over the period.
<em>Calculate the average total assets</em>
At beginning of year, total assets = $263 000
At end of year, total assets = $313 000
Average = (313 000 + 263 000)/2
Average = 576 000/2
Average = $288 000
===============
<em>Calculate the ROA</em>
Net income = $56 000
ROA = 56 000/288 000 × 100 %
ROA = 0.194 × 100 %
ROA = 19.4 %
The company’s return on assets is 19.4 %.
I believe this would be the solution.
Answer:
No, it would be 72
Step-by-step explanation:
In similar triangles, the sides are different but the angles are the same. You still had a great guess though :)
Pls give brainliest
Answer:
The answer is D
Step-by-step explanation:
If and Then are italicized
Answer:
1*10^2
Step-by-step explanation:
