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 hoo00 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 b. 0.50 O c. 0.75 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 hoo00 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 b. 0.50 O c. 0.75 d. 0.25
Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section15.8B: Financial Ratios
Problem 1CC
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