What happened to the company's return on assets and equity for the pasy five (5) years?20162017201820192020-15,37915,07012,63010,368285,677263,787257,839263,066270,298.00278,857.00270,469.00273,434.0003,36600140,710131,750129,685122,4570.03Net incomeAverage Total AssetsRETURN ON ASSETSNet Profit after TaxTotal Stockholders' EquityRETURN ON EQUITY10,233279,256289,489.000129,233

The return on investment indicates the return on the amount of investment in assets, It also…

O What happened to the company's return on assets and equity for the pasy five (5) years? 2016 2017 2018 2019 2020 Net income -15,379 15,070 12,630 10,368 Average Total Assets 285,677 263,787 257,839 263,066 RETURN ON ASSETS 270,298.00 278,857.00 270,469.00 273,434.00 Net Profit after Tax 0 3,366 0 0 Total Stockholders' Equity 140,710 131,750 129,685 122,457 RETURN ON EQUITY 0.03 10,233 279,256 289,489.00 0 129,233

O What happened to the company's return on assets and equity for the pasy five (5) years? 2016 2017 2018 2019 2020 Net income -15,379 15,070 12,630 10,368 Average Total Assets 285,677 263,787 257,839 263,066 RETURN ON ASSETS 270,298.00 278,857.00 270,469.00 273,434.00 Net Profit after Tax 0 3,366 0 0 Total Stockholders' Equity 140,710 131,750 129,685 122,457 RETURN ON EQUITY 0.03 10,233 279,256 289,489.00 0 129,233

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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