A company had an income of $215 million and average invested assets of $2,500 million. What is the company's return on assets (ROA)?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 3PB: The income statement comparison for Rush Delivery Company shows the income statement for the current...
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A company had an income of $215 million and
average invested assets of $2,500 million.
What is the company's return on assets (ROA)?
Transcribed Image Text:A company had an income of $215 million and average invested assets of $2,500 million. What is the company's return on assets (ROA)?
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