
1.
Introduction: The amount of total assets is always equal to the sum of total liabilities and shareholder’s equity of the company. Total assets include current and non-current assets while total liabilities include current liabilities and non-current liabilities.
The total amount of assets of A company for the current year.
2.
Introduction: Return on asset shows the efficiency of the managers to utilize the assets of the company to have good returns on it. It helps to understand the company’s position in the market.
The return on assets for the current year of company A.
3.
Introduction: Total expenses of the company includes the expenditures which are must for operations of the company to generate income. Thus, income and expenses are related to each other. Net income is calculated by subtracting the expenses from the revenues of the company.
The total expenses of the company A for the current year.
4.
Introduction: Return on asset shows the efficiency of the managers to utilise the assets of the company to have good returns on it. It helps to understand the company’s position in the market.
To compare: The return on asset of company A with the market average return which is 10%.

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Chapter 1 Solutions
FINANCIAL ACCT.FUND.(LOOSELEAF)
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