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 %.
Answer:
5x^-3x-36/x-3
Step-by-step explanation:
Answer:
hi thanks
Step-by-step explanation:
If Jana has to walk 2 blocks north to get to Kyle's home, then 3 blocks south to get to school, this means that she has just retraced the 2 blocks she walked to get to Kyle's home.
So the school is just 1 block south of Jana's home.
Answer:
e=49
f=131
d=90
Step-by-step explanation:
