BU has annual sales of $687, 400, total debt of $210,000, total equity of $465 profit margin of 4.20 percent. What is the return on assets?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 3PB: The income statement comparison for Rush Delivery Company shows the income statement for the current...
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What is the return on assets on these financial accounting question?

BU has annual sales of $687, 400, total
debt of $210,000, total equity of $465
profit margin of 4.20 percent. What is
the return on assets?
Transcribed Image Text:BU has annual sales of $687, 400, total debt of $210,000, total equity of $465 profit margin of 4.20 percent. What is the return on assets?
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