The following table shows some selected financial information of Salalah Company. Net Profit/Income 44000 Interest Expenses 4000 Rent Expenses 2000 Vehicles 20000 Receivables 8000 Inventories 10000 Machinery 21000 Prepaid Expenses 5000 Bills Payable 14000 Long term loans 28000 According to the given information, which of the following shows the Return on Assets? Select one: O a. 1 O b. 0.50 O c. 0.75 O d. 0.25

The following table shows some selected financial information of Salalah Company. Net Profit/Income 44000 Interest Expenses 4000 Rent Expenses 2000 Vehicles 20000 Receivables 8000 Inventories 10000 Machinery 21000 Prepaid Expenses 5000 Bills Payable 14000 Long term loans 28000 According to the given information, which of the following shows the Return on Assets? Select one: O a. 1 O b. 0.50 O c. 0.75 O d. 0.25

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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