Answer:there is a vgraph so where it says 4 at the bottom then go under to -2 then ur done.
Explanation:
Answer:
well a lot of people don't really care about that stuff and half of the world doesn't know about
Explanation:
Based on the information given boaz company's return on assets is 4.5%.
<h3>Return on assets</h3>
Using this formula
Return on assets=Net income/Average total assets
Where:
Net income=$5 million
Average total assets=($120 million+$100 million)/2=$110 million
Let plug in the formula
Return on assets=$5 million/($120 million+$100 million)/2
Return on assets=$5 million/$220 million/2
Return on assets=$5 million/$110 million
Return on assets=0.045×100
Return on assets=4.5%
Inconclusion boaz company's return on assets is 4.5%.
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