Assume that that ABC Company has total assets of $12,403 million and net earnings of $510 million. What is ABC Company's ROA?

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 3MC: The following is selected financial data from Block Industries: How much does Block Industries have...
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Assume that that ABC Company has total assets of
$12,403 million and net earnings of $510 million. What is
ABC Company's ROA?
Transcribed Image Text:Assume that that ABC Company has total assets of $12,403 million and net earnings of $510 million. What is ABC Company's ROA?
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