Financial Accounting: Information for Decisions
Financial Accounting: Information for Decisions
9th Edition
ISBN: 9781260158809
Author: Wild, John
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter C, Problem 2FSA

1.

Summary Introduction

Concept Introduction:

Return on total assets is calculated by dividing the income of the business by the total assets of the business. Return over assets show how much business is earning on its invested assets.

Return on assets= Net Income/ Total Assets.

To Calculate:

Return on assets of two recent years.

2.

Summary Introduction

Concept Introduction:

Return on total assets is calculated by dividing the income of the business by the total assets of the business. Return over assets show how much business is earning on its invested assets.

Return on assets= Net Income/ Total Assets.

To Calculate:

Better return over assets.

3.

Summary Introduction

Concept Introduction:

Return on total assets is calculated by dividing the income of the business by the total assets of the business. Return over assets show how much business is earning on its invested assets.

Return on assets= Net Income/ Total Assets.

To Calculate:

Compare return with the industry return.

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