Answered: The Blue Bird Restaurant has annual…

The Blue Bird Restaurant has annual sales of $8,500, total debt of $2,400, total equity of $4,100, and a profit margin of 8%. What is the return on assets?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 5EA: During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of...

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The blue bird restaurant has annual sales solve this accounting questions

The Blue Bird Restaurant has annual sales of $8,500,
total debt of $2,400, total equity of $4,100, and a profit
margin of 8%. What is the return on assets?

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