Find the return on assets if net income was $55,000, total assets are $115,000, EBIT was $100,000, and equity is $75,000

A) 73.3%
B) 63.1%
C) 87.0%
D) 47.8%
E) 55.0%

D

Business

You might also like to view...

What is the first stage of the new-product development process?

a. its employees b. its competitors c. its customers d. its financial lenders

Business

An appropriate retailer action in the accelerated development stage of the retail life cycle is to establish a pre-emptive market position by leasing ideal locations to lock out competition

Indicate whether the statement is true or false

Business