Return on total Assets: The Return on total assets is profitability ratio that measures the percentage of profit earned on average assets invested in the business. Return on asset is calculated by dividing the net income by average total assets. The formula to calculate Return on assets is as follows: R e t u r n o n a s s e t s = N e t i n c o m e A v e r a g e T o t a l A s s e t s Note: Average total assets are calculated as an average of beginning and ending total assets. The formula to calculate the average total assets is as follows: A v e r a g e t o t a l A s s e t s = ( B e g i n n i n g t o t a l a s s e t s + E n d i n g t o t a l a s s e t s ) 2 To calculate: The Return on total assets for Regae industries for the year 2017 and 2018

Question

Want to see the full answer?

Answer 1

Question

Chapter 15, Problem 14E

To determine

Introduction:

Return on total Assets: The Return on total assets is profitability ratio that measures the percentage of profit earned on average assets invested in the business. Return on asset is calculated by dividing the net income by average total assets. The formula to calculate Return on assets is as follows:

$R e t u r n o n a s s e t s = \frac{N e t i n c o m e}{A v e r a g e T o t a l A s s e t s}$

Note: Average total assets are calculated as an average of beginning and ending total assets. The formula to calculate the average total assets is as follows:

$A v e r a g e t o t a l A s s e t s = \frac{(B e g i n n i n g t o t a l a s s e t s + E n d i n g t o t a l a s s e t s)}{2}$

To calculate: The Return on total assets for Regae industries for the year 2017 and 2018

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Please provide the accurate solution to this financial accounting question using valid calculations.

Please provide the answer to this general accounting question using the right approach.

I am trying to find the accurate solution to this general accounting problem with the correct explanation.

Answer 2

Question

Chapter 15, Problem 14E

To determine

Introduction:

Return on total Assets: The Return on total assets is profitability ratio that measures the percentage of profit earned on average assets invested in the business. Return on asset is calculated by dividing the net income by average total assets. The formula to calculate Return on assets is as follows:

$R e t u r n o n a s s e t s = \frac{N e t i n c o m e}{A v e r a g e T o t a l A s s e t s}$

Note: Average total assets are calculated as an average of beginning and ending total assets. The formula to calculate the average total assets is as follows:

$A v e r a g e t o t a l A s s e t s = \frac{(B e g i n n i n g t o t a l a s s e t s + E n d i n g t o t a l a s s e t s)}{2}$

To calculate: The Return on total assets for Regae industries for the year 2017 and 2018

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 15, Problem 14E

To determine

Introduction:

Return on total Assets: The Return on total assets is profitability ratio that measures the percentage of profit earned on average assets invested in the business. Return on asset is calculated by dividing the net income by average total assets. The formula to calculate Return on assets is as follows:

$R e t u r n o n a s s e t s = \frac{N e t i n c o m e}{A v e r a g e T o t a l A s s e t s}$

Note: Average total assets are calculated as an average of beginning and ending total assets. The formula to calculate the average total assets is as follows:

$A v e r a g e t o t a l A s s e t s = \frac{(B e g i n n i n g t o t a l a s s e t s + E n d i n g t o t a l a s s e t s)}{2}$

To calculate: The Return on total assets for Regae industries for the year 2017 and 2018

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 15, Problem 14E

To determine

Introduction:

Return on total Assets: The Return on total assets is profitability ratio that measures the percentage of profit earned on average assets invested in the business. Return on asset is calculated by dividing the net income by average total assets. The formula to calculate Return on assets is as follows:

$R e t u r n o n a s s e t s = \frac{N e t i n c o m e}{A v e r a g e T o t a l A s s e t s}$

Note: Average total assets are calculated as an average of beginning and ending total assets. The formula to calculate the average total assets is as follows:

$A v e r a g e t o t a l A s s e t s = \frac{(B e g i n n i n g t o t a l a s s e t s + E n d i n g t o t a l a s s e t s)}{2}$

To calculate: The Return on total assets for Regae industries for the year 2017 and 2018

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 15, Problem 14E

To determine

Introduction:

Return on total Assets: The Return on total assets is profitability ratio that measures the percentage of profit earned on average assets invested in the business. Return on asset is calculated by dividing the net income by average total assets. The formula to calculate Return on assets is as follows:

$R e t u r n o n a s s e t s = \frac{N e t i n c o m e}{A v e r a g e T o t a l A s s e t s}$

Note: Average total assets are calculated as an average of beginning and ending total assets. The formula to calculate the average total assets is as follows:

$A v e r a g e t o t a l A s s e t s = \frac{(B e g i n n i n g t o t a l a s s e t s + E n d i n g t o t a l a s s e t s)}{2}$

To calculate: The Return on total assets for Regae industries for the year 2017 and 2018

Answer 6

Chapter 15, Problem 14E

To determine

Introduction:

Return on total Assets: The Return on total assets is profitability ratio that measures the percentage of profit earned on average assets invested in the business. Return on asset is calculated by dividing the net income by average total assets. The formula to calculate Return on assets is as follows:

$R e t u r n o n a s s e t s = \frac{N e t i n c o m e}{A v e r a g e T o t a l A s s e t s}$

Note: Average total assets are calculated as an average of beginning and ending total assets. The formula to calculate the average total assets is as follows:

$A v e r a g e t o t a l A s s e t s = \frac{(B e g i n n i n g t o t a l a s s e t s + E n d i n g t o t a l a s s e t s)}{2}$

To calculate: The Return on total assets for Regae industries for the year 2017 and 2018

Answer 7

Chapter 15, Problem 14E

To determine

Introduction:

Return on total Assets: The Return on total assets is profitability ratio that measures the percentage of profit earned on average assets invested in the business. Return on asset is calculated by dividing the net income by average total assets. The formula to calculate Return on assets is as follows:

$R e t u r n o n a s s e t s = \frac{N e t i n c o m e}{A v e r a g e T o t a l A s s e t s}$

Note: Average total assets are calculated as an average of beginning and ending total assets. The formula to calculate the average total assets is as follows:

$A v e r a g e t o t a l A s s e t s = \frac{(B e g i n n i n g t o t a l a s s e t s + E n d i n g t o t a l a s s e t s)}{2}$

To calculate: The Return on total assets for Regae industries for the year 2017 and 2018

Answer 8

Expert Solution & Answer

Answer 9

Expert Solution & Answer

Answer 10

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 11

Ch. 15 - Prob. 1DQ Ch. 15 - Prob. 2DQ Ch. 15 - Prob. 3DQ Ch. 15 - Prob. 4DQ Ch. 15 - Prob. 5DQ Ch. 15 - Prob. 6DQ Ch. 15 - Prob. 7DQ Ch. 15 - Prob. 8DQ Ch. 15 - Prob. 9DQ Ch. 15 - Prob. 10DQ

Want to see the full answer?

Chapter 15 Solutions