eBook Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $513,920 90,690 Interest expense Average total assets 5,870,000 Determine the return on total assets. If required, round the answer to one decimal place. 8.8 X % Check My Work Divide the sum of net income and interest expense by average total assets. Feedback
eBook Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $513,920 90,690 Interest expense Average total assets 5,870,000 Determine the return on total assets. If required, round the answer to one decimal place. 8.8 X % Check My Work Divide the sum of net income and interest expense by average total assets. Feedback
Chapter1: Financial Statements And Business Decisions
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Return total assets

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Return on Total Assets
A company reports the following income statement and balance sheet information for the current year:
Net income
$513,920
90,690
Interest expense
Average total assets
5,870,000
Determine the return on total assets. If required, round the answer to one decimal place.
8.8
X %
Feedback
Check My Work
Divide the sum of net income and interest expense by average total assets.
learn enhu.edu.
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FC
CA Company Reports The Following Income Statement A... | Chegg.com
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