Return on Assets (ROA) Calculation . Average Receivables: $180,000 Receivables represent 50 days of sales Average Assets: $900,000 Profit Margin: 8%

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 8CDQ
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Return on Assets (ROA) Calculation
. Average Receivables: $180,000
Receivables represent 50 days of sales
Average Assets: $900,000
Profit Margin: 8%
Transcribed Image Text:Return on Assets (ROA) Calculation . Average Receivables: $180,000 Receivables represent 50 days of sales Average Assets: $900,000 Profit Margin: 8%
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