Compute Return on assets ratio if Net Income:2.026 ; Sales:17.193 ;Total Assets: 31.483 ; Total Equity: 12.804. a) 6.44% b) 11.78% c) 14.00% d) 13.00%

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter24: Analysis Of Financial Statements
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Compute Return on assets ratio if Net Income:2.026 ; Sales:17.193 ;Total Assets: 31.483 ; Total Equity: 12.804.
a) 6.44%
b) 11.78%
c) 14.00%
d) 13.00%

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