What is ROA? A company has net income of $50,000 andtotal assets of $500,000. What is the ROA?A) 5%B) 8%C) 10%D) 15%

To find the Return on Assets (ROA), you use the formula:ROA= (Net Income/ Total Assets)×100…

Answered: A company has net income of $50,000 and…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 15MCQ: Hummel Inc. has $30,000 in current assets and $15,000 in current liabilities. What is Hummels...

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Please give me answer financial accounting question
Assuming a business entity has a total asset of 25,000,000 its total liabilities is 1/3 of the said amount. How much is the equity? 16,000,000,00 16,666,666.67 13,333,333.33 13,000,000.00
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A company has net income of $50,000 and total assets of $500,000. What is the ROA? A) 5% B) 8% C) 10% D) 15%