Some selected financial statement items belonging to MNO Company are given in the table below. According to this information, which of the following is Return on Assets (ROA)? Inventory 12,500 Current Assets 50,000 Current Liabilities 40,000 Non-current Assets 90,000 Net Profit 11,900 Shareholders' Equity 65,000 Select one: O a. 0.238 O b. 0.17 O c. 0.85 O d. The correct answer not available e. 0.085
Some selected financial statement items belonging to MNO Company are given in the table below. According to this information, which of the following is Return on Assets (ROA)? Inventory 12,500 Current Assets 50,000 Current Liabilities 40,000 Non-current Assets 90,000 Net Profit 11,900 Shareholders' Equity 65,000 Select one: O a. 0.238 O b. 0.17 O c. 0.85 O d. The correct answer not available e. 0.085
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Transcribed Image Text:Some selected financial statement items belonging to MNO Company are
given in the table below. According to this information, which of the
following is Return on Assets (ROA)?
Inventory
12,500
Current Assets
50,000
Current Liabilities
40,000
Non-current Assets
90,000
Net Profit
11,900
Shareholders' Equity
65,000
Select one:
O a. 0.238
O b. 0.17
O c. 0.85
O d. The correct answer not available
O e. 0.085
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