A company had net income of $2,660,000, net sales of $25,000,000, and average total assets of $8,000,000. What is their return on total assets?
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- JAQ company had net income of $2,660,000, net sales of $25,000,000, and average total assets of $8,000,000. What is their return on total assets?ReturnAntonio Company's net income and net sales are $50,000 and $800,000, respectively, and average total assets are $400,000. What is Antonio's return on assets?
- What is the return of assetsWhat is the return on assets for this general accounting question?Magnus Enterprises has net sales of $1,020,000, net income of $74,500, average current assets of $52,000, average fixed assets of $178,500, and average total assets of $230,500. What is Magnus Enterprises' return on assets?
- You have the following data for a company. What is the return on assets (ROA)? Return on equity = 15%; Earnings before taxes = $150,000; Total asset turnover = 1.8; Profit margin = 10.5%; Tax rate = 30%.A company's average total assets for the year are $4,000,000, its average total stockholders' equity for the year are $3,000,000, its net income is $900,000, its gross margin is $5,000,000, and its net sales are $12,000,000. What is its return on assets?What is the firm's Return on Assets (ROA)?