Windsor Gear works, Inc. had a Return on Assets (ROA) of 9.5%, a profit margin of 20.1%, and sales of $25 million last year. Calculate Windsor Gear works' total 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 6EB: During the current year, Plainfield Manufacturing earned income of $845,000 from total sales of...
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Calculate Windsor Gear works total assets on these financial accounting question

Windsor Gear works, Inc. had a Return on Assets (ROA)
of 9.5%, a profit margin of 20.1%, and sales of $25
million last year. Calculate Windsor Gear works' total
assets.
Transcribed Image Text:Windsor Gear works, Inc. had a Return on Assets (ROA) of 9.5%, a profit margin of 20.1%, and sales of $25 million last year. Calculate Windsor Gear works' total assets.
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