What is Computer World's cash return on assets?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![The balance sheet of Computer World reports total assets of $350,000 and $450,000 at the beginning and end of the year, respectively. Sales revenues are
$800,000, net income is $100,000, and net cash flows from operating activities are $150,000. What is Computer World's cash return on assets?
Multiple Choice
37.5%
25.0%
33.3%
42.9%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fac4ecf6d-2ca9-4d7a-9411-ad5c7f2c67b6%2Ff0b1d58a-b7a4-4795-a929-d5edaceb352a%2F5tesiji_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The balance sheet of Computer World reports total assets of $350,000 and $450,000 at the beginning and end of the year, respectively. Sales revenues are
$800,000, net income is $100,000, and net cash flows from operating activities are $150,000. What is Computer World's cash return on assets?
Multiple Choice
37.5%
25.0%
33.3%
42.9%
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