Req A Req B Reg C If return on assets for competitors is 15%, what must the return on assets equal for this company to be judged better tha competitors? OGreater than 15% OLess than 15% OExactly equal to 15% Greater than 0% Greater than 5%
Req A Req B Reg C If return on assets for competitors is 15%, what must the return on assets equal for this company to be judged better tha competitors? OGreater than 15% OLess than 15% OExactly equal to 15% Greater than 0% Greater than 5%
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter1: The Role Of Accounting In Business
Section: Chapter Questions
Problem 1.4.2MBA: Return on assets The following data (in millions) were adapted from recent financial statements of...
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Question
Ht.25.
![19
The following dashboard shows a company's account balances for the year ended December 31.
Cash $15.
Net Income $20
$10
Reg A
520
Average Total Equity $80
Net Sales $90
Average Total Assets $100
Enter answers for the following.
Reg B
$30
Reg C
Compute the company's return on assets.
Choose Numerator:
$40
$50
Choose Denominator:
560
$70
= Rebum on assets
500
590
$300](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F00a2e412-d801-42da-87a8-c8c387a19437%2F06d70561-cff4-469c-bbcf-2ab2b57d274a%2Fn4gpqj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:19
The following dashboard shows a company's account balances for the year ended December 31.
Cash $15.
Net Income $20
$10
Reg A
520
Average Total Equity $80
Net Sales $90
Average Total Assets $100
Enter answers for the following.
Reg B
$30
Reg C
Compute the company's return on assets.
Choose Numerator:
$40
$50
Choose Denominator:
560
$70
= Rebum on assets
500
590
$300
![Enter answers for the following.
Req A
Req A
Req B
If return on assets for competitors is 15%, what must the return on assets equal for this company to be judged better than
competitors?
OGreater than 15%
OLess than 15%
OExactly equal to 15%
OGreater than 0%
Greater than 5%
OLess than 5%
Enter answers for the following.
Req B
Req C
Reg C
A 30% return on assets can best be interpreted as follows:
OA company creates $30 in net income for each $100 invested in assets.
OA company creates $30 in net income for each $100 generated in sales
A company creates $30 in total assets for each $100 generated in net income.
<Reg A
A company creates $100 in net income for each $30 invested in assets.
A company creates $100 in total assets for each $30 generated in sales.
< Reg
RC >
ReqC >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F00a2e412-d801-42da-87a8-c8c387a19437%2F06d70561-cff4-469c-bbcf-2ab2b57d274a%2Faahld2a_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Enter answers for the following.
Req A
Req A
Req B
If return on assets for competitors is 15%, what must the return on assets equal for this company to be judged better than
competitors?
OGreater than 15%
OLess than 15%
OExactly equal to 15%
OGreater than 0%
Greater than 5%
OLess than 5%
Enter answers for the following.
Req B
Req C
Reg C
A 30% return on assets can best be interpreted as follows:
OA company creates $30 in net income for each $100 invested in assets.
OA company creates $30 in net income for each $100 generated in sales
A company creates $30 in total assets for each $100 generated in net income.
<Reg A
A company creates $100 in net income for each $30 invested in assets.
A company creates $100 in total assets for each $30 generated in sales.
< Reg
RC >
ReqC >
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