anonymous
  • anonymous
Look at the following summary of ABC Inc.’s accounts on December 31, 2012. current liabilities: $25,000 total assets: $3,00,000 investments: $75,000 total liabilities: $80,000 net income (after tax): $100,000 current assets: $55,000 inventory: $5,000. Calculate the return on assets. A: 1 : 3 B: 3 : 2 C: 3 : 1 D: 1 : 2 E: 2 : 1
Mathematics
  • Stacey Warren - Expert brainly.com
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katieb
  • katieb
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anonymous
  • anonymous
@mathmath333
anonymous
  • anonymous
@mathmate
mathmate
  • mathmate
An indicator of how profitable a company is relative to its total assets. ROA gives an idea as to how efficient management is at using its assets to generate earnings. Calculated by dividing a company's annual earnings by its total assets, ROA is displayed as a percentage. Sometimes this is referred to as "return on investment". (http://www.investopedia.com/terms/r/returnonassets.asp) Is the total assets $3,000,000 or $300,000 ?

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anonymous
  • anonymous
it 3,00,000

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