A company has a net income of $75,000 and total assets of $500,000. What is the return on assets? A) 15% B) 12.5% C) 15.9% D) 17.5%
A company has a net income of $75,000 and total assets of $500,000. What is the return on assets? A) 15% B) 12.5% C) 15.9% D) 17.5%
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 9MC: A company has pre-tax or operating income of $120,000. If the tax rate is 40%, what is the companys...
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