A company has net income of $50,000 and total assets of $500,000. What is the ROA?
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- Prepare an income statement if your company’s gross sales isP300,000, with operating expenses of P100,000, and administrativecosts of P30,000. What is its gross income?What is the difference between operating income, net income and other comprehensive income? If a company has a revenue of 2.2million and operating income of $120,000. Does the company has a high operating income margin?Calculate the net profit for a company given the following information: total revenue of $500,000, cost of goods sold of $200,000, operating expenses of $100,000, and taxes of $50,000.
- ADK Incorporated houses of $39 million, and total assets of $21 million and total debt of $6 million. A. If the profit margin is 8%, what is the net income? B. What is the ROA?A company has the following financial information: net sales $500,000, cost of goods sold $300,000, operating expenses $100,000, and other income $10,000. Calculate the gross profit margin and the operating profit margin.Assume a company has working capital equal to $23,000 and total current liabilities equal to $75,000. The current ratio: is 0.31. Ois 1.31. Ois 3.21. cannot be determined using this information.