Swifty Incorporated had average total assets in 2025 of $6343000. It reported sales for of $82090 that year. Average liabilities for the year were $5187000. Net income for the year was $964136. What is Swifty' return on assets for 2025? O 15.20% 18.59% O 11.74% 6.60%

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Swifty Incorporated had average total assets in 2025 of $6343000. It reported sales for of $8209000
that year. Average liabilities for the year were $5187000. Net income for the year was $964136.
What is Swifty' return on assets for 2025?
O 15.20%
18.59%
O 11.74%
6.60%
Transcribed Image Text:Swifty Incorporated had average total assets in 2025 of $6343000. It reported sales for of $8209000 that year. Average liabilities for the year were $5187000. Net income for the year was $964136. What is Swifty' return on assets for 2025? O 15.20% 18.59% O 11.74% 6.60%
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