the following information is provided for Northwest company. net income 2022          $165 net sales 2022.            $1,650 total assets 12/31/20   $1,000 total assets 12/31/21    $1,050 total assets 12/31/22    $1,150 What is Northwest's return on assets for 2022? a. 150.0% b. 15.7% c. 15.0% d. 14.3%

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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the following information is provided for Northwest company.

net income 2022          $165

net sales 2022.            $1,650

total assets 12/31/20   $1,000

total assets 12/31/21    $1,050

total assets 12/31/22    $1,150

What is Northwest's return on assets for 2022?

a. 150.0%

b. 15.7%

c. 15.0%

d. 14.3%

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