In 2027 marigold corporation reported net income solve this question In 2017, Marigold Corporation reported net income of $6.3billion, net sales of $230 billion, and average total assets of $75billion.What is Marigold's return on total assets?a. 8.4%b. 30.7%c. 11.9%d. 35.7%

Explanation of Return on Total Assets (ROA):Return on Total Assets (ROA) is a financial metric used…

Answered: In 2017, Marigold Corporation reported…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

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ISBN:9781337514835

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Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

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In 2017, Marigold Corporation reported net income of $6.3 billion, net sales of $230 billion, and average total assets of $75 billion. What is Marigold's return on total assets? a. 8.4% b. 30.7% c. 11.9% d. 35.7%