
Return on Assets:
The return on assets is the return earned on the amount invested in assets. The return on assets is also known as the
Net Income:
Total earning of the company is called net income of the company. When the total expense deducted from the total revenue than the resultant is net income or ne loss.Net profit of the company is also called net profit. The investor can take a decision on the basis of net income of the company. If net income is more the investor attract to the company.
1.
To compute: Return on assets of A and V Company.
2.
To compare: The performance of companies on the basis of sales.
3.
To compare: The performance of companies on the basis of net income from its asset invested.
4.
To Analyze: the company for investment purpose.

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Chapter 1 Solutions
FINANCIAL ACCT.FUND.(LOOSELEAF)
- Trevino Manufacturing Company produces custom jackets. Each jacket (unit) requires 3.5 yards of material. Selected data from Trevino's master budget for next quarter are shown below: Each unit requires 2.4 hours of direct labor, and the average hourly cost of Trevino's direct labor is $14.50. What is the cost of Trevino Manufacturing Company's direct labor in November if they produce 8,200 jackets?arrow_forwardI need guidance with this financial accounting problem using the right financial principles.arrow_forwardI am searching for a clear explanation of this financial accounting problem with valid methods.arrow_forward
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